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Complete the trial balance below using the supplemental information provided. Enter the answer on the appropriate side of the trial balance depending on whether
Complete the trial balance below using the supplemental information provided. Enter the answer on the appropriate side of the trial balance depending on whether it is a debit or credit. The other side would normally be left blank, but please enter NA. For example, cash is a debit balance. The balance should be entered on the debit side, and an NA would be entered on the credit side. The final line should be the grand total for each column. Supplemental information: . . Cash account balance: $725,000 Cash account balance type: debit Common Stock account balance: $1,000,000 Common Stock account balance type: credit Net Fixed Assets account balance: $200,000 Net Fixed Assets account balance type: debit Supplies Inventory account balance: $18,000 Supplies Inventory account balance type: debit Accounts Payable account balance: $0 Accounts Payable account balance type: zero balance Accounts Receivable account balance: $45,000 Accounts Receivable account balance type: debit Retained Earnings account balance: $12,000 Retained Earnings account balance type: debit Complete this Trail Balance using the above information: Credit Balance Debit Balance Cash Net Fixed Assets Supplies Inventory Accounts Receivable Accounts Payable Common Stock Retained Earnings Totals
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