The trial balance columns of the worksheet using a perpetual inventory system for Balistreri Company at June
Question:
Other data:
Operating expenses incurred on account, but not yet recorded, total $1,500.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.
Transcribed Image Text:
Balistreri Company Worksheet For the Month Ended June 30, 2020 Trial Balance Debit Account Titles Credit Cash 1,920 2,440 Accounts Receivable Inventory Accounts Payable Owner's Capital 11,640 1,120 3,500 42,500 Sales Revenue Cost of Goods Sold 20,560 10,560 Operating Expenses 47,120 47,120
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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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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