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Prepare a trial balance. Date Particular Debit Credit Oct. 1 Cash $21,491 Accounts receivable $2,180 Equipment $10,200 Common stock $33,871 (To record common stock issued)
Prepare a trial balance.
| Date | Particular | Debit | Credit |
|---|---|---|---|
| Oct. 1 | Cash | $21,491 | |
| Accounts receivable | $2,180 | ||
| Equipment | $10,200 | ||
| Common stock | $33,871 | ||
| (To record common stock issued) | |||
| Oct. 1 | Prepaid rent | $9,900 | |
| Cash | $9,900 | ||
| (To record rent paid in advance) | |||
| 2 | Supplies | $1,500 | |
| Cash | $1,500 | ||
| Oct. 7 | Cash | $6,322 | |
| Accounts receivable | $745 | ||
| Service revenue | $7,067 | ||
| Oct. 9 | Prepaid insurance | $4,800 | |
| Cash | $4,800 | ||
| Oct. 11 | Cash | $395 | |
| Accounts receivable | $395 | ||
| Oct. 12 | Advertising expenses | $431 | |
| Cash | $431 | ||
| Oct. 13 | Cash | $500 | |
| Accounts receivable | $500 | ||
| Oct. 14 | Cash | $40 | |
| Supplies | $40 | ||
| Oct. 15 | Cash | $8,500 | |
| Accounts receivable | $400 | ||
| Service revenue | $8,900 | ||
| Oct. 18 | Supplies | $800 | |
| Accounts payable | $800 | ||
| Oct. 19 | Cash | $3,890 | |
| Accounts receivable | $2,560 | ||
| Service revenue | $6,450 | ||
| Oct. 20 | Cash | $750 | |
| Accounts receivable | $750 | ||
| Oct. 21 | Maintenance expenses | $1,390 | |
| Cash | $1,390 | ||
| Oct. 22 | Advertising expenses | $164 | |
| Cash | $164 | ||
| Oct. 23 | Telephone bill expenses | $234 | |
| Cash | $234 | ||
| Oct. 23 | Cash | $1,560 | |
| Accounts receivable | $1,560 | ||
| Oct. 26 | Utilities expenses | $235 | |
| Cash | $235 | ||
| Oct. 27 | Cash | $5,890 | |
| Accounts receivable | $675 | ||
| Service revenue | $6,565 | ||
| Oct. 28 | Salaries expenses | $5,886 | |
| Cash | $5,886 | ||
| Oct. 30 | Maintenance expenses | $415 | |
| Cash | $415 | ||
| Oct. 30 | Equipment | $6,000 | |
| Cash | $1,300 | ||
| Notes payable | $4,700 | ||
| Oct. 30 | Cash | $2,725 | |
| Unearned revenue | $2,725 | ||
| Oct. 30 | Cash | $545 | |
| Accounts receivable | $325 | ||
| Service revenue | $870 |
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Sound Investing, Chapter - Classification Deceit
Authors: Kate Mooney
2nd Edition
0071719385, 9780071719384
