Below is an adjusted trial balance for a company. What are the total liabilities and equity for the company?
Debit Credit
Cash 22,000
Accounts Receivable 3,000
Inventory 200
Prepaid Rent 9,000
Accounts Payable 4,100
Salaries Payable 1,200
Common Stock 28,000
Dividends 1,000
Sales Revenue 23,000
Operating Expenses 16,000
Salary Expenses 1,200
Supplies Expense 900
Rent Expense 3,000
Totals: $56,300 $56,300