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QUESTION 1 LCO:1 Luis is a new accountant. He prepared a listing of all the accounts and their balances. What would be the total credits
QUESTION 1 LCO:1 Luis is a new accountant. He prepared a listing of all the accounts and their balances. What would be the total credits on the Trial Balance given the following accounts and balances (assume all accounts have normal balances)? Cash 11,700 Accounts Receivable 5,800 Supplies Wages Payable Notes Payable 6,000 4,500 6,800 Common Stock 7,000 Retained Earnings 5,900 Dividends 4,000 Sales Revenue 13,800 4,000 Utilities Expense Wages Expense 6,500 28,200 38,000 32,100 42,000
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