Homeland Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet (work sheet)
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Homeland Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet (work sheet) for Homeland Security ServicesCo.
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Homeland Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended October 31, 2010 Adjusted Income Balance Sheet Trial Balance Statement Cr. Cr. Dr. Account Title Dr. Dr. Cr. Cash Accounts Receivable 44 Supplies Prepaid Insurance Land Equipment Accum. Depr.-Equipment Accounts Payable Wages Payable Gloria Millard, Capital Gloria Millard, Drawing Fees Earned 50 20 18 85 49 Wages Expense Rent Expense Insurance Expense Utilities Expense Supplies Expense 12 3 3 2 Depreciation Expense Miscellaneous Expense 158 158 Net income (loss)
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Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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