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Help Exercise 13-13A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1 The Garden Company began the accounting period with a

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Help Exercise 13-13A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1 The Garden Company began the accounting period with a $44,000 credit balance in Its Accounts Payable account. During the accounting period, Garden Company incurred expenses on account of $123,000. The ending Accounts Payable balance was $63,000. Required Based on this information, determine the amount of cash outflow for expenses during the accounting period. (Hint: Use a T-account for Accounts Payable. Enter the debits and credits for the given events, and solve for the missing amount.) d * Cash outflow for expenses 1 7 Exercise 13-19A (Algo) Prepare a trial balance LO 13-3 Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Ook lint Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense office supplies Advertising expense Retained Earningo, 1/1/Year 2 Service revenue Accounts receivable $20,350 20,900 4,800 6,200 58.660 13,000 1,610 22,500 15,600 1,900 2,900 17,620 67,320 6,340 rint 4 ints MORGAN COMPANY Trial Balance December 31, Year 2 Account Titles Debit eBook Credit Hint Print Totals

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