Question
Can you please prepare a trial balance for a company. the amounts are cash 5840 accounts receivable 850 supplies 1100 equipment 9360 accumulated equipment 3900
Can you please prepare a trial balance for a company. the amounts are cash 5840 accounts receivable 850 supplies 1100 equipment 9360 accumulated equipment 3900 unearned revenue 1500 capital 11750
the transactions are the following
July 2 paid $750 cash for rent
July 10 purchased $200 of supplies for cash
July 14 collected the full balance of accounts receivable- this may not be included
July 20 received $700 cash from a customer for services to be provided in August
July 25 provided $1300 of services for a customer and immediately collected cash
please prepare an adjusted trail balance worksheet after the transactions
#1 at July 31 the company had provided $800 of services for a customer that it had not billed or recorded
#2 supplies on hand at July 31 were $800
#3 the equipment has a six year useful life
#4 as at July 31, the company had performed services of $900 that had been paid in advance and was recorded as unearned revenue
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