What did Cerner Company show as total credits on its trial balance? * Cerner Company showed the following balances at the end of its first year: Cash P 5,000 Prepaid insurance Accounts receivable...


What did Cerner Company show as total<br>credits on its trial balance? *<br>Cerner Company showed the following balances at the end of its first year:<br>Cash<br>P 5,000<br>Prepaid insurance<br>Accounts receivable<br>Accounts payable<br>Notes payable<br>Cerner, Capital<br>Cerner, Drawing<br>500<br>2,500<br>2,000<br>3,000<br>1,000<br>500<br>Revenues<br>15,000<br>12,500<br>Expenses<br>O P21,500<br>O P21,000<br>P20,500<br>P22,000<br>

Extracted text: What did Cerner Company show as total credits on its trial balance? * Cerner Company showed the following balances at the end of its first year: Cash P 5,000 Prepaid insurance Accounts receivable Accounts payable Notes payable Cerner, Capital Cerner, Drawing 500 2,500 2,000 3,000 1,000 500 Revenues 15,000 12,500 Expenses O P21,500 O P21,000 P20,500 P22,000

Jun 09, 2022
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