The adjusted trial balance for Sundance Marketing Co. follows. Complete the four right-most columns of the table
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Closing Entry No. Account Title Trial Balance Trial Balance Dr. 10 Cash . . 106 Accounts receivable 8200 24,000 . 193 Franchise 20 Accounts payable 30,000 s payable 30 H. Sundance, Capital. 302 H. Sundance, Withdrawals 622 Salaries expense 640 Rent expense ....7.700 Totals ..___ . $179,800 $179,800
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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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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