Hannah Company showed the following balances at the end of its first year: Cash...
90.2K
Verified Solution
Question
Accounting
Hannah Company showed the following balances at the end of its first year: Cash $ 8,700 Prepaid insurance 9,400 Accounts receivable 7,000 Accounts payable 5,800 Notes payable 9,400 Owner's Capital Owner's Drawings 1,400 Revenues 39,000 Expenses 30,000 What did Hannah Company show as total credits on its trial balance? 2,300 . $62,900 Oa. $56,500 O b. $70,900 Oc. $61,500 d

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.