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Accounting with Sage 50 Level 1 Add account balances from the following Trial Balance: CHRISS WELDING Post-Closing Trial Balance July 1, 2022 4. Add account

Accounting with Sage 50 Level 1

Add account balances from the following Trial Balance: CHRISS WELDING Post-Closing Trial Balance July 1, 2022

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4. Add account balances from the following Trial Balance: CHRIS'S WELDING Post-Closing Trial Balance July 1, 2022 1080 Bank: Chequing Account 1100 Bank: Credit Card 1200 Accounts Receivable 1290 Welding Supplies 1420 Welding Torches 1450 Computer 1480 Other Welding Equipment 1500 Vehicle 1550 Shop 2100 Bank Loan 2200 Accounts Payable 2250 Credit Card Payable 2650 HST Charged on Services 2670 HST Paid on Purchases 2850 Mortgage Payable 3560 Chris George, Capital $12 150 200 5 000 900 3 800 1 500 4 200 9 000 150 000 $ 6 000 1 600 1 100 950 750 99 000 78 850 $187 500 $187 500 Hint: Remember to use account 1050 Test Balance for out of balance amounts. 5. Change Account Classes: Bank: Chequing Account Change the account class to Bank and enter 201 as the next cheque number. Bank: Credit Card: Change the account class to Credit Card Receivable. Credit Card Payable: Change the account class to Credit Card Payable. Expense Group accounts: Change the account class to Expense

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