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Below is a partial list of account balances for LBJ Company: Cash $12000 Prepaid Insurance...

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Accounting

Below is a partial list of account balances for LBJ Company:

Cash $12000

Prepaid Insurance $1300

Accounts receivable $7000

Accounts payable $5000

Notes payable $9000

Common stock $22000

Dividends $2000

Revenues $45000

Expenses $35000

What did LBJ Company show as total debits?

a. $57300

b. $81000

c. $55300

d. 56000

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