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Below are account balances of Ducks Company at the end of September. Accounts Balances Cash $17,500 Accounts Receivable 12,500 Supplies 5,500 Prepaid Insurance 3,500 Equipment
Below are account balances of Ducks Company at the end of September. Accounts Balances Cash $17,500 Accounts Receivable 12,500 Supplies 5,500 Prepaid Insurance 3,500 Equipment 20,500 Accounts Payable 5,500 Salaries Payable 2,500 Utilities Payable 1,000 Deferred Revenue 7,500 Common Stock 21,500 Accounts Retained Earnings Dividends Service Revenue Salaries Expense Insurance Expense Advertising Expense Supplies Expense Entertainment Expense Utilities Expense Balances $11,500 2,500 ? 7,500 6,500 1,000 8,500 4,500 1,000 Required: Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the Service Revenue account. DUCKS COMPANY Trial Balance September 30 Debit Accounts Credit
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