Ruth Company showed the following balances at the end of its first year.
Cash $7000
Prepaid Insurance $700
Accounts Receivable $3500
Accounts Payable $2800
Notes Payable $4200
Denton Capital $1400
Denton Drawing $700
Revenues $21000
Expenses $17500
What did Ruth Company show as total credits on its trial balance?
$30,800
$30,100
$28,700
$29,400
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Home » Business » Ruth Company showed the following balances at the end of its first year. Cash $7000 Prepaid Insurance $700 Accounts Receivable $3500 Accounts Payable $2800 Notes Payable $4200 Denton Capital $1400 Denton Drawing $700 Revenues $21000 Expenses $17500