Answered step by step
Verified Expert Solution
Question
1 Approved Answer
O PA21. LO 3.6 Prepare an unadjusted trial balance, in correct format, from the following alphabetized account information. Assume all the accounts have normal balances.
O PA21. LO 3.6 Prepare an unadjusted trial balance, in correct format, from the following alphabetized account information. Assume all the accounts have normal balances. Accounts payable $26,000 Accounts receivable 8,000 Cash 29,000 Common stock 33,000 Dividends 9,000 Equipment 68,000 Notes payable (due next month) 29,000 Salaries expense 42,000 Salaries payable 2,000 Service revenue 75,000 Supplies 5,000 Transportation expense 4,000 Solution Trial Balance Cash Accounts Receivable Supplies Equipment Notes Payable (due next month) Accounts Payable Salaries Payable Common Stock Dividends Service Revenue Salaries Expense Transportation Expense Totals
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