The Following Are Selected Current Month's Balances for Morgan, Inc

question 12

Multiple Choice

The following are selected current month's balances for Morgan, Inc. $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 9,000 \\\hline \text { Revenue } & 11,000 \\\hline \text { Cash } & 3,150 \\\hline \text { Expenses } & 1,600 \\\hline \text { Furniture } & 13,000 \\\hline \text { Accounts Receivable } & 16,000 \\\hline \text { Common Stock } & 7,250 \\\hline \text { Notes Payable } & 6,500 \\\hline\end{array}$$ Based on this information, calculate the total amount of credits for the trial balance.

• A) $26,500
• B) $22,750
• C) $24,750
• D) $33,750

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