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ACCOUNT TITLE DEBIT CREDIT Cash $2,950 Accounts receivable 575 Office supplies 40 Prepared insurance 240 Equipment 2,500 Accumulated Depreciation:equipment 35 Accounts payable 28 Salaries payable
ACCOUNT TITLE | DEBIT | CREDIT |
Cash | $2,950 | |
Accounts receivable | 575 | |
Office supplies | 40 | |
Prepared insurance | 240 | |
Equipment | 2,500 | |
Accumulated Depreciation:equipment | 35 | |
Accounts payable | 28 | |
Salaries payable | 420 | |
unearned lawn mowing revenue | 100 | |
common stock | 5,000 | |
Dividends | 1000 | |
Lawn mowing revenue | 2350 | |
Gas expense | 53 | |
Advertising expense | 35 | |
Depreciation expense: | 35 | |
supplies expense | 85 | |
Salaries expense | 420 | |
$7,933 | $7,933 | |
Prepare Financial Statements from the given Trial Balance.
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