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Exercise 2-18 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of
Exercise 2-18 Prepare a trial balance (LO2-6) Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have their normal debit or credit balance. Supplies, $1,100, Buildings $38,000; Salaries Payable, $300, Common Stock, $18,000, Accounts Payable, $1,350, Utilities Expense, $2,000, Prepaid Insurance, $1,100; Service Revenue, $17,800, Accounts Receivable $2,500, Cash, $1,800, Salaries Expense, $4,700, Retained Earnings, $13,750. Required: Prepare a trial balance with the list of accounts in the following order assets, liabilities, stockholders' equity, revenues, and expenses. COBRAS INCORPORATED Trial Balance March 31 Accounts Debit Credit
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