TIHER RESOURCES Multiple Choice Question 141 siples of Barnes Company showed the

Question

TIHER RESOURCES Multiple Choice Question 141 siples of Barnes Company showed the following balances at the end of its first year: Cash Prepaid insurance Accounts receivable Accounts payable Notes payable Common stock Dividends Revenues Expenses $14000 700 3500 2800 4200 5400 700 29000 17500 What amount did Barnes Company show as total credits? O $42100 $41400 $40700 $42800 Click if you would like to show Work for this question: Opsn Show Work ere sults by Study assignment/test/aglist.uniids asnmt2194474 10082

Explanation / Answer

B. $41,400

Amount Barnes Company would show as total credits on its trial balance:

= $2,800 + $4,200 + $5,400 + $29,000

= $41,400

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.