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Questions: 1) Winrow Company showed the following balances at the end of its first year: Cash $11,000Prepaid insurance 500Accounts receivable 2, 500Accounts payable 2,000Notes payable

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1) Winrow Company showed the following balances at the end of its first year: Cash $11,000Prepaid insurance 500Accounts receivable 2, 500Accounts payable 2,000Notes payable 3, 000Common stock 5, 000Dividends 500Revenues 17, 000Expenses 12, 500 What did Winrow Company show as total credits on its trial balance? a. $27, 500 b. $27,000 c. $26, 500 d. $28,000

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