Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2 () 8 The trial balance of XYZ company. had accounts with the following normal balances : cash$ 5000,- service revenue $90000, salaries and wages

image text in transcribed

2 () 8 The trial balance of XYZ company. had accounts with the following normal balances : cash$ 5000,- service revenue $90000, salaries and wages payable $4000, salaries and wages expense $40000, rent expense $10000, share capital - ordinary $37000, dividends 15000, and equipment $61000.in preparing a trial balance, the total in the credit column is $131000 O $216000 O $91000 O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Essentials Quick Access To The Important Facts And Concepts Complete Overview Simply Presented Easy To Grasp

Authors: Frank C. Giove, Accounting Study Guides

1st Edition

0878918795, 978-0878918799

More Books

Students also viewed these Accounting questions

Question

Mac keyboards contain which modifier keys? Select all that apply.

Answered: 1 week ago

Question

2. List the advantages of listening well

Answered: 1 week ago