Question
i need this trial balance asap please! (I WILL UPVOTE YOU) (it should have these columns filled) Account Debit Credit Account classification Financial statement here
i need this trial balance asap please! (I WILL UPVOTE YOU) (it should have these columns filled)
Account | Debit | Credit | Account classification | Financial statement |
here is the general journal you'll need
Transaction # | Date | Account Title | Debit | Credit |
1 | 1/7 | Dr Cash Cr Capital | 150,000 | 150,000 |
2 | 2/7 | Dr Equipment Cr Cash | 30,000 | 30,000 |
3 | 4/7 | Dr Supplies Cr A/P | 3,500 | 3,500 |
4 | 6/7 | Dr Cash Cr Service Revenue | 5,000 | 5,000 |
5 | 9/7 | Dr Cash Dr A/R Cr Service revenue | 7,000 3,000 | 10,000 |
6 | 10/7 | Dr Purchases Cr A/P | 15.000 | 15.000 |
7 | 11/7 | Dr A/P Cr Purchases returns | 2.250 | 2.250 |
8 | 22/7 | Dr A/P Cr Cash Cr Purchases discount | 12.750 | 11.475 1.275 |
9 | 20/7 | Dr A/R Cr Sales | 10.000 | 10.000 |
10 | 22/7 | Dr Sales returns Cr A/R | 1.000 | 1.000 |
11 | 27/7 | Dr Cash Dr Sales discount Cr A/R | 8.400 600 | 9.000 |
12 | 28/7 | Dr owners withdrawal Cr cash | 2000 | 2000 |
13 | 29/7 | No Entry | ||
14 | 31/7 | Dr Cash Cr Unearned Revenue | 6000 | 6000 |
15 | 31/7 | Dr Rent EXP Dr Salaries and Wages EXP Dr Utilities EXP Cr Cash | 950 2.800 1.250 | 5000 |
16 | 31/7 | Dr a 6-month prepaid insurance policy EXP Cr Cash | 6000 | 6000 |
17 | Dr cost of sales Cr Inventory | 7500 | 7500 |
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