Question
Below is a partial list of account balances for LBJ Company. Cash $15,000 Prepaid rent 1,000 Accounts receivable 3,500 Accounts payable 3,000 Notes payable 6,000
Below is a partial list of account balances for LBJ Company.
| Cash | $15,000 |
| Prepaid rent | 1,000 |
| Accounts receivable | 3,500 |
| Accounts payable | 3,000 |
| Notes payable | 6,000 |
| Common stock | 100,000 |
| Dividends | 1,500 |
| Revenues | 75,000 |
| Expenses | 45,500 |
What did LBJ Company show as total credits?
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Auditing And Assurance A Case Studies Approach
Authors: LexisNexis
7th Edition
0409343943, 978-0409343946
