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20. The is a grouping of all the T-accounts, with the balances Part 1: Construct and use a trial balance LOS Describe a trial balance,
20. The is a grouping of all the T-accounts, with the balances Part 1: Construct and use a trial balance LOS Describe a trial balance, inducing its purpose. 21. What does "posting mean? 24. What formule could you be to analyre the cash account and competech payments for the period if you were unsure of the amount of cash puppets? 22. Post the following transactions to the ledger accounts. Use accounts to represent the ledger Eccount. (Transactions 14 question 13) 1. Received 50.000 cash and issued share to the owners 2. Pald $40,000 cash for land 3. Bought $3./00 of supples on account 4 Received $7,000 cash from customers for service reverend 25. What the swegles could help you detect and correct accounting errors made during the perind? b 26. What do not use to ist all of their accounts and sun rumbers? 27. Describe what crunt's normal balance meant Indicate the normal balance for each of the following types of accounts: b. alles C Equity 1. Share capital li. Rutined caming 18. Dividends iv. Income . Expenses 29. What is adhatap of using the four column account forut? 90. On what statement de companies report their results of operations? On whatement de companies report their financial position
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