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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Barnes Company showed the following balances at the end of its first year:
| Â | Cash | $14,000 |
| Â | Prepaid insurance | 700 |
| Â | Accounts receivable | 3,500 |
| Â | Accounts payable | 2,800 |
| Â | Notes payable | 4,200 |
| Â | Common stock | 5,400 |
| Â | Dividends | 700 |
| Â | Revenues | 24,000 |
| Â | Expenses | 17,500 |
What did Barnes Company show as total credits on its trial balance?
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