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Below is a partial list of account balances for LBJ Company:
Cash $12000
Prepaid Insurance $1300
Accounts receivable $7000
Accounts payable $5000
Notes payable $9000
Common stock $22000
Dividends $2000
Revenues $45000
Expenses $35000
What did LBJ Company show as total debits?
a. $57300
b. $81000
c. $55300
d. 56000
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Using the following information, prepare the bank reconciliation for Powers Company for May 31, 2013.
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