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Blossom Company's trial balance reported the following balances at the end of its first year: Cash $16520 Prepaid insurance 830 Accounts receivable 4130 Accounts payable
Blossom Company's trial balance reported the following balances at the end of its first year:
Cash | $16520 | |
Prepaid insurance | 830 | |
Accounts receivable | 4130 | |
Accounts payable | 3300 | |
Notes payable | 4960 | |
Common stock | 6370 | |
Dividends | 830 | |
Revenues | 34220 | |
Expenses | 20650 |
What amount did Blossom Company's trial balance show as total credits?
$48020
$50510
$49680
$48850
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