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Pharoah Company's trial balance at the end of its first month of operations reported the following accounts and amounts with normal balances: Cash $19840 Prepaid

Pharoah Company's trial balance at the end of its first month of operations reported the following accounts and amounts with normal balances: Cash $19840 Prepaid insurance 620 Accounts receivable 3100 Accounts payable 2480 Notes payable 3720 Common stock 6200 Dividends 620 Revenues 27280 Expenses 15500 Total credits on Pharoah Company's trial balance are O $39060 O $39680

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