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Autoshop Inc. Trial Balance Month Ended November 30, 2022 Account Name Debit Credit Cash 16,805,600 Oilfield Machinery 300,000 Computer 12,000 Table 800 Chair 1,500 Stationery
Autoshop Inc. | ||
Trial Balance | ||
Month Ended November 30, 2022 | ||
Account Name | Debit | Credit |
Cash | 16,805,600 | |
Oilfield Machinery | 300,000 | |
Computer | 12,000 | |
Table | 800 | |
Chair | 1,500 | |
Stationery | 5000 | |
Specialised Equipment | 240,000 | |
Accounts Receivable | 1,000,000 | |
Prepaid Rent | 120,000 | |
Delivery Truck | 60,000 | |
Drilling Machine | 500,000 | |
Bank Loan | 10,000,000 | |
Accounts Payable | 104,900 | |
Capital | 1,000,000 | |
Drawings | 200,000 | |
Revenue | 9,050,000 | |
Rent | 60,000 | |
Salaries | 500,000 | |
Interest expense | 350,000 | |
Balance | 20,154,900 | 20,154,900 |
The above trial balance is from Autoshop Inc.'s books at the end of the month of November 2022. Autshop Inc.'s maintains annual bookkeeping records and has a year end of December 31, 2022. |
1. Use the above trial balance to: |
a. The following adjustments took place during the year. Record these adjustments in the worksheet for the year ended December 31, 2022 CONTINUATION OF QUESTIONS ON NEXT POST. PLEASE CHECK IT OUT. THANKS |
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