Question: Knowledge Check 01 Chaco Company's trial was in balance at the end of the period and showed the following accounts: Accounts Payable Cash Common Stock

Knowledge Check 01 Chaco Company's trial was in balance at the end of the period and showed the following accounts: Accounts Payable Cash Common Stock Equipment Land Notes Payable 25,200 40,200 21,200 10,200 42,000 46,000 What is the balance of the credit column on Chaco's trial balance? Total credit balance

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