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Exercise 253 The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2017 Accounts Receivable $16,400 Prepaid Insurance $1,800

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Exercise 253 The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2017 Accounts Receivable $16,400 Prepaid Insurance $1,800 Accounts Payable 12,400 Maintenance and Repairs Expense 1,200 Cash ? Service Revenue 13,500 Equipment 59,360 Dividends 800 Gasoline Expense 950 Common Stock 50,000 Insurance Expense 600 Salaries and Wages Expense 6,400 Notes Payable, due 2020 28,450 Salaries and Wages Payable 900 Retained Earnings (July 1, 2017) 5,200 Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Trial balance July 31, 2017 Debit Credit Accounts Receivable Accounts Payable Cash Equipment Maintenance and Repairs Expense Insurance Expense Notes Payable Prepaid Insurance Service Revenue Dividends Common Stock Salaries and Wages Expense Salaries and Wages Payable Retained Earnings

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