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hi, which of these values should be negative (-$) in MYOB? the image might be better quality through this link http://puu.sh/Dal7x/51882d2d8e.png Trial Balance As of
hi, which of these values should be negative (-$) in MYOB?
the image might be better quality through this link http://puu.sh/Dal7x/51882d2d8e.png
Trial Balance As of 31 December 2018 Account # 1 Account YTD Debit (s) YTD Credit (S) 0,629 110 Cheque Account 1-1180 Undeposited Funds 1-1190 Electronic Clearing Account 1-1200 Accounts Receivable 1-1210 Less Prow'n for Doubtful Debts -1300 Inventory 1-1400 Office Supplies 1-1500 Prepaid Rent -3110 Property& Equipment at Cost 1-3120 Property & Equipment Accum Dep 2-1200 Accounts Payable 2-1310 GST Collected 2-1330 GST Paid -1410Salaries Payable 1420PAYG Withholding Payable 2-1700 Interest Payable 2-1800 Short Term Loans 2-2100 Bank Loans 3-1100 Share Capital 3-8000 -9000 Current Year Earnings .9999Historical Balancing 4-1100 Sales Revenue 31,746 Opening Balance. 105,930 332 1300 Inv $105.930 00 53,000 31,167 5,297 115,803 00 1100 Dapreciation Experee Retained Earnings -1100 Cost of Sales 6-1100Depreciation Expense 6-1800Office Supplies Expense 6-1930Salaries Expense 6-2100 6-2200 Telephone Expense 6-2420 Electricity Expense 6-2500 Bank Charges 6-2600 Bad Debts Expense 8-1000 Interest Income 2,644 $142 91200 16,255 Rent Expense 3,798 34 1,323 9-1000 Interest Expense Step by Step Solution
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