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Prepare a trial balance using the trial balance template provided below begin{tabular}{|c|c|c|c|} hline multicolumn{5}{|c|}{ Cooper Corporation } hline General ledger Account - Cost of
Prepare a trial balance using the trial balance template provided below
\begin{tabular}{|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Cooper Corporation } \\ \hline General ledger Account - Cost of Goods Sold \\ \hline For the year ended December 31, 2019 \\ \hline Description & DR. & CR. & Balance \\ \hline Cost of Goods Sold & $700,000 & - & $$700,000 \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cooper Corporation } \\ \hline General ledger Account - Production Employees Wages Expense \\ \hline For the year ended December 31, 2019 & CR. & Balance \\ \hline Description & DR. & CR. & \$300,000 \\ \hline & & & \\ \hline \end{tabular} Prepare a trial balance using the template shown below: \begin{tabular}{|l|c|c|c|} \hline \multicolumn{4}{|c|}{ Cooper Corporation } \\ \hline \multicolumn{3}{|c|}{ General ledger Account - Accounts Payables } \\ \hline For the year ended December 31, 2019 \\ \hline Description & DR. & CR. & Balance \\ \hline Beginning Balance 01/01/2019 & - & - & $250,000 \\ \hline Purchases January - December & - & $1,140,000 & $1,390,000 \\ \hline Cash Disbursements January - December & $1,240,000 & - & $150,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cooper Corporation } \\ \hline General ledger Account - Capital Stock \\ \hline For the year ended December 31, 2019 \\ \hline Description & DR. & CR. & Balance \\ \hline Beginning Balance 01/01/2019 & - & - & $250,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cooper Corporation } \\ \hline \multicolumn{4}{|c|}{ General ledger Account - Retained Earnings } \\ \hline For the year ended December 31, 2019 \\ \hline Description & DR. & CR. & Balance \\ \hline Beginning Balance 01/01/2019 & - & - & $500,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cooper Corporation } \\ \hline General ledger Account - Product Sales Revenue \\ \hline For the year ended December 31, 2019 \\ \hline Description & DR. & CR. & Balance \\ \hline Billings January - December & - & $1,300,000 & $1,300,000 \\ \hline \end{tabular}Step by Step Solution
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