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Sheridan Company showed the following balances at the end of its first year: Cash $3930 Prepaid insurance 6900 Accounts receivable 4930 Accounts payable 3970 Notes
Sheridan Company showed the following balances at the end of its first year:
Cash | $3930 |
Prepaid insurance | 6900 |
Accounts receivable | 4930 |
Accounts payable | 3970 |
Notes payable | 5980 |
Owners Capital | 1990 |
Owners Dividends | 920 |
Revenues | 31200 |
Expenses | 25200 |
What did Sheridan Company show as total credits on its trial balance?
a | $40130 |
b | $43140 |
c | $11920 |
d | $43220 |
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