Sunland Company showed the following balances at the end of its first year: Cash $5930 Prepaid insurance 9390 Accounts receivable 6910 Accounts payable 5610 Notes payable 8320 Common stock 2790 Dividends 1470 Revenues 43800 Expenses 34400 What did Sunland Company show as total credits on its trial balance? O $69910 O $51130 O $60520 O $61990 Sunland Company showed the following balances at the end of its first year: Cash $3940 Prepaid insurance 6900 Accounts receivable 5070 Accounts payable 4030 Notes payable 5900 Common stock 1940 Dividends 950 Revenues 33000 24500 Expenses What did Sunland Company show as total credits on its trial balance? O $10440 O $49940 O $44870 O $45820 On August 13, 2021, Bramble Enterprises purchased equipment for $1420 and supplies of $250 on account. Which of the following journal entries is recorded correctly and in the standard format? Equipment Supplies Accounts Payable 1420 250 1670 1670 Accounts Payable Equipment Supplies 1420 250 1420 Equipment Account Payable Supplies 1670 250 O Equipment Supplies Accounts Payable 1420 250 1670 Sheffield Company provided consulting services and billed the client $3110. As a result of this event, O assets and stockholders' equity both increased by $3110. O assets decreased by $3110 and stockholders' equity increased by $3110. O assets increased by $3110 and stockholders' equity decreased by $3110. O assets remained unchanged. Oriole Company received a cash advance of $730 from a customer. As a result of this event, O assets increased by $730. O assets and stockholders' equity increased by $730. O liabilities decreased by $730. O stockholders' equity increased by $730