Prepare a December 31 trial balance for Jindal Co. using the following information and fill in the
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Prepare a December 31 trial balance for Jindal Co. using the following information and fill in the missing amount for Equipment (assume all data are correct).
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$ 8,000 Equipment. $_? Wages expense . $12,000 Cash Accounts payable. 4,000 Jindal, Withdrawals 500 Accounts receivable.. 1,000 Services revenue 20,000 Jindal, Capital... 16,500 Unearned revenue. 2,000 Rent expense 3,000
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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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