10. Cerner Company showed the following balances at the end of its first year: Cash Prepaid insurance Accounts receivable Accounts payable Notes payable Cerner, Capital Cerner, Drawing Revenues Expenses $. 5,000 500 2,500 2,000 3,000 1,000 500 15,000 12,500 What did Cerner Company show as total credits on its trial balance? a. $21,500 b. $21,000 c. $20,500 d. $22,000 During February 2008, its first month of operations, the owner of Rutwing Enterprises invested cash of $25,000. Rutwing had cash revenues of $4,000 and paid expenses of $7,000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28? a. $3,000 credit b. $22,000 debit c. $29,000 debit 11. d. $18,000 credit