Answered step by step
Verified Expert Solution
Question
1 Approved Answer
how do i prepare a trialbalance with the below info. General Journal Date Description(Account Name) Debit Credit 7/1/2012 Cash 24,000 Common Sotck 24,000 7/1/2012 Prepaid
how do i prepare a trialbalance with the below info.
General Journal | |||||
Date | Description(Account Name) | Debit | Credit | ||
7/1/2012 | Cash | 24,000 | |||
Common Sotck | 24,000 | ||||
7/1/2012 | Prepaid Insurance | 2400 | |||
Cash | 2400 | ||||
7/1/2012 | Rent Expense | 2080 | |||
Cash | 2080 | ||||
7/3/2012 | Landscaping Equipment | 8800 | |||
Cash | 1200 | ||||
Accounts Payable | 7600 | ||||
7/8/2012 | Landscaping Supplies | 780 | |||
Accounts Payable | 780 | ||||
7/12/2012 | Utility Expese | 308 | |||
Cash | 308 | ||||
7/16/2012 | Cash | 2724 | |||
Landscaping Revenue | 2724 | ||||
7/19/2012 | Accounts Payable | 400 | |||
Cash | 400 | ||||
7/31/2012 | Cash | 2620 | |||
Landscaping Revenue | 2620 | ||||
7/31/2012 | Retained Earnings | 1600 | |||
Cash | 1600 | ||||
45712 | 45712 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started