At May 1, Blossom Inc. reported at Cash account balance of $1100. During the month, the total of the debit entries to the Cash account amounted to $2100 and the total of the credit entries to the Cash account amounted to $1500. At the end of May, Blossom' Cash account has a

 

Cash	$13440
	Prepaid insurance	670
	Accounts receivable	3360
	Accounts payable	2690
	Notes payable	4030
	Common stock	5180
	Dividends	670
	Revenues	27840
	Expenses	16800

What amount did Sunland Company's trial balance show as total credits?

 

Cash	$11440
	Prepaid insurance	520
	Accounts receivable	2600
	Accounts payable	2080
	Notes payable	3120
	Common stock	5200
	Dividends	520
	Revenues	22880
	Expenses	13000

Total credits on Tamarisk, Inc.'s trial balance are

 

At December 1, 2022, Sheridan Company Accounts Receivable balance was $14110. During December, Sheridan had credit sales of $37800 and collected accounts receivable of $30240. At December 31, 2022, the Accounts Receivable balance is
 

 

At December 1, 2022, Kingbird, Inc. Accounts Receivable balance was $19150. During December, Kingbird had credit sales of $51300 and collected accounts receivable of $41040. At December 31, 2022, the Accounts Receivable balance is
 

 

 

Cash	$1812
	Accounts receivable	2818
	Inventory	3754
	Prepaid rent	98
	Equipment	470
	Accumulated depreciation-equipment	62
	Accounts payable	924
	Unearned rent revenue	146
	Common stock	238
	Retained earnings	6800
	Service revenue	380
	Interest revenue	82
	Salaries and wages expense	200
	Insurance expense	88

Required: Assuming that all of the accounts have normal balances, what are total credits on the company's trial balance at June 30, 2022?

Answer rating: 100% (QA)

On May 1 Blossom Inc reported a Cash account balance of 1100 During the month Total debit entries to ... View the full answer