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Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense Building Cash 2,000 16,500 Common Stock 50,000 Dividends 1,200 Equipment 2,000 Land 70,000 Notes Payable
Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense Building Cash 2,000 16,500 Common Stock 50,000 Dividends 1,200 Equipment 2,000 Land 70,000 Notes Payable 60,000 Office Supplies 3,400 Prepaid Rent 1,200 Salaries Expense 4,000 Service Revenue 72,000 Utilities Expense 4,100 A. Determine the balance in the cash account. AED (5 POINTS) B. Prepare the trial balance in proper order and format. (20 POINTS)
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