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please tell me if this is correct or not!! Presented below is the ledger for Bonita Co. 10/1 10/10 10/10 10/20 10/25 10/6 10/20 10/4
please tell me if this is correct or not!!
Presented below is the ledger for Bonita Co. 10/1 10/10 10/10 10/20 10/25 10/6 10/20 10/4 10/3 Cash No. 101 2,700 10/4 600 600 10/12 1,600 5,400 10/15 200 500 10/30 300 2,400 10/31 400 Accounts Receivable No. 112 800 10/20 500 800 Supplies No. 126 600 Equipment No. 157 2,400 Notes Payable No. 200 10/10 5,400 Accounts Payable No. 201 1,600 10/3 2.400 Owner's Capital No. 301 10/1 2.700 10/25 2,400 Owner's Drawings No. 306 300 Service Revenue No. 400 10/6 800 10/10 600 10/20 800 Salaries and Wages Expense No. 726 400 Rent Expense No. 729 200 10/12 10/30 10/31 10/15 Determine the October 31 balance for each of the accounts above, and prepare a trial balance at October 31, 2020. BONITA CO. Trial Balance October 31, 2020 Debit Credit Cash 8500 $ Supplies 600 Equipment 2400 Rent Expense 200 Salaries and Wages Expense 400 Owner's Drawings 300 Accounts Receivable 1100 Accounts Payable 800 Notes Payable 5400 Service Revenue 2200 Owner's Capital 5100 Totals 13500 13500 Step by Step Solution
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