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Marigold Corp
Marigold Corp.'s trial balance at the end of its first month of operations reported the following accounts and amounts:
Cash $8580
Prepaid insurance 390
Accounts receivable 1950
Accounts payable 1560
Notes payable 2340
Common stock 3900
Dividends 390
Revenues 17160
Expenses9750
Total credits on Marigold Corp.'s trial balance are?
Expert Solution
The total credits = $24,960
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