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------------------------- Coronado Company showed the following balances at the end of its first year: Cash $6010 Prepaid insurance 9470 Accounts receivable 7080 Accounts payable 5700

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Coronado Company showed the following balances at the end of its first year: Cash $6010 Prepaid insurance 9470 Accounts receivable 7080 Accounts payable 5700 Notes payable 8420 Common stock 2820 Dividends 1400 Revenues 43100 Expenses 34300 What did Coronado Company show as total credits on its trial balance? What did Coronado Company show as total credits on its trial balance? O $69510 O $60040 O $61440 O $50570 On January 1, 2021. Waterway Inc. purchased equipment for $45200. The company is depreciating the equipment at the rate of $700 per month. At January 31, 2022, the balance in Accumulated Depreciation is O $36100 O $8400 $9100 O $700

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