Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Additional Exercise 189 The ledger account balances for Galaxie 500 Company are listed below. Accounts Payable $ 6,000 Accounts Receivable 7,000 Cash 5,200 Common Stock
Additional Exercise 189
The ledger account balances for Galaxie 500 Company are listed below.
| Accounts Payable | $ 6,000 | |
| Accounts Receivable | 7,000 | |
| Cash | 5,200 | |
| Common Stock | 11,000 | |
| Dividends | 4,000 | |
| Salaries and Wages Expense | 20,800 | |
| Service Revenue | 30,000 | |
| Unearned Service Revenue | 2,000 | |
| Utilities Expense | 12,000 |
Prepare a trial balance in proper form for Galaxie at December 31, 2015.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
