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Prepare an unadjusted Trial Balance according to the instructions Instructions On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during
Prepare an unadjusted Trial Balance according to the instructions
Instructions On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Sharon Matthews transferred cash froma personal bank account to an account to be used for the Jan. 1 business, $30,000. Paid rent on office and equipment for the month, $2,450. Purchased supplies on account, $2,200. 3 Paid creditor on account, $850. 4 5 Earned fees, receiving cash, $14,940. 6 Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $470. Paid office salaries, $2,000. 7 Determined that the cost of supplies used was $1,100. Withdrew cash for personal use, $3,200. en Unadjusted Trial Balance 3. Prepare an unadjusted trial balance as of January 31, 2019. Tri-City Realty UNADJUSTED TRIAL BALANCE January 31, 2019 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Supplies 3 Accounts Payable 4 Sharon Matthews, Capital Sharon Matthews, Drawing S 6 Fees Earned 7 Rent Expense 8Office Salaries Expense Unadjusted Trial Balance January 31, 2019 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Supplies 3 Accounts Payable Sharon Matthews, Capital 4 5 Sharon Matthews, Drawing 6 Fees Earned 7 Rent Expense Office Salaries Expense 8 9 Automobile Expense 10 Supplies Expense 11 Miscellaneous Expense 12 Totals Step by Step Solution
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