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The following account balance information is from the accounting records of Ross Company. Use these data to construct a trial balance. Accounts Payable $5,000 Accounts
The following account balance information is from the accounting records of Ross Company. Use these data to construct a trial balance.
Accounts Payable | $5,000 |
Accounts Receivable | 37,000 |
Cash | 6,000 |
Cost of Goods Sold | 54,000 |
Inventory | 28,000 |
Notes Payable | 35,000 |
Prepaid Rent Expense | 3,000 |
Retained Earnings (beginning) | 14,000 |
Sales Revenue | 65,000 |
Unearned Sales Revenue | 9,000 |
What is the total of the CREDIT balances in the trial balance?
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