The following account balances were listed on the trial balance of Huan Company at the end of the period: Account Balance Accounts Payable $ 30,600 Cash ? Common Stock 30,000 Equipment 13,500 Land 45,000 Notes Payable 60,000 What is the correct balance in the cash account? $57,900 O $31,500 $2,100 O $62,100 Question 8 1 pts The following entry appears in Sterling Company's general journal on October 1, 2019: Supplies 26,000 Accounts Payable 20,000 Cash 6,000 Before the journal entry above, the company had liabilities of $230,000 and owners' equity of $220,000. Total assets immediately after the above transaction has been recorded amount to: $430,000 $450,000 $470,000. O $476,000 98