Question
Given the following account balances, prepare an unadjusted trial balance for Bakeshop Corp. as of December 31, 20Y5. Income Taxes Payable, credit balance $1,200 Sales
Given the following account balances, prepare an unadjusted trial balance for Bakeshop Corp. as of December 31, 20Y5.
Income Taxes Payable, credit balance $1,200
Sales Revenue, credit balance $8,750
PP&E, debit balance $7,500
Cost of Sales, debit balance $5,500
Accounts Payable, credit balance $1,240
Interest Revenue, credit balance $1,500
Cash, debit balance $2,000
Rental Expense, debit balance $3,550
Kim Akinson, Capital, credit balance $2,460
Long-Term Debt, credit balance $7,400
Accounts Receivable, debit balance $1,500
Salaries Expense, debit balance $1,200
Inventory, debit balance $1,300
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