Question
Below is the complete list of accounts of a company and the related balance at the end of April. All accounts have their normal debit
Below is the complete list of accounts of a company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $1,900; Prepaid Rent, $5,400; Accounts Payable $2,300; Common Stock, $20,000; Service Revenue, $23,400; Salaries Expense, $6,200; Accounts Receivable, $4,100; Land, $40,000; Deferred Revenue, $1,300; Retained Earnings, $18,000; Supplies Expense, $7,400. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses.
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