John Company showed the following balances at the end of its first year: Rant Receivable Prepaid insurance Accounts receivable Accounts payable Notes payable Share capital Dividends Revenues Expenses $18,000 20,000 3,500 2,800 4,200 14,000 700 21,000 17,500 How much will Russert Company show as total credits on its trial balance? $42,000 $30,800 $28,700 $31,100 John Company presented the following financial information as of December 31, 2019: Revenues Retained earnings (Jan/1/2019) Property Expenses Cash Dividends Supplies Accounts payable Accounts receivable Share capital-ordinary $200,000 300,000 240,000 375,000 105,000 30,000 15,000 60,000 45,000 195,000 John's owner's equity on December 31, 2019 will be 405,000 225.000 95.000 420,000 Moving to another question will save this response. Question 3 John Corporation began operations on January 1, 2017. Presented below is selected information related to John on December 31, 2017. Account Receivable 200,000 Supplies 54,000 Cash 240,000 Utility Expense 123,000 Service Revenue 972,000 Salaries and Wages Expense 363,000 Inventory 45,000 Notes Payable 144,000 Unearned Revenue 66,000 Advertising Expense 135,000 Share Capital-Ordinary 252,000 Salaries and Wages Payable 24,000 Using the information above, what is the total of the asset side of the balance sheet of John Corporation? 750,000 E$39.000 729,000 684,000