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What will be the total credits on the company

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Reference no: EM132489458

Koles Corp's ledger account balances at June 30, 2022 are below:

Cash                                                            $1952

Accounts receivable                                          2978

Inventory                                                       3914

Prepaid rent                                                       96

Equipment                                                        300

Accumulated depreciation-equipment                      66

Accounts payable                                               958

Unearned rent revenue                                         138

Common stock                                                    232

Retained earnings                                                  6730

Service revenue                                                     384

Interest revenue                                                    70

Salaries and wages expense                                     190

Insurance expense                                                   96

Question 1: Assuming that all of the accounts have normal balances, what will be the total credits on the company's trial balance at June 30, 2022?

Reference no: EM132489458

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