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Below are the balances for the accounts of Pachelbel Co. as of June 30, 2022, the end of the company's fiscal year. All accounts
Below are the balances for the accounts of Pachelbel Co. as of June 30, 2022, the end of the company's fiscal year. All accounts have normal balances. Common Stock $10,000 Notes Payable 5,000 Prepaid Insurance 550 Rent Expense Dividends 500 Cash 15,300 900 Accounts Receivable 200 Salaries and Wages Expense 5,200 Service Revenue 10,600 Depreciation Expense 40 Accounts Payable 2,500 Supplies 1,000 Accumulated Depreciation 40 Insurance Expense 50 Equipment 5,000 Interest Payable 50 Unearned Service Revenue 800 Retained Earnings 100 Salaries and Wages Payable 1,200 Supplies Expense 1,500 Interest Expense 50 What is the amount of total liabilities? $8,750 $9,550 $9,590 $10,100
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