Question
Prepare in good order a Trial Balance. Make sure Debits equal Credits Using the T/B prepared at 1 prepare a linked Balance Sheet and Income
- Prepare in good order a Trial Balance. Make sure Debits equal Credits
- Using the T/B prepared at 1 prepare a linked Balance Sheet and Income Statement using methods
*This is all the information that has been provided.
Account | Debit | Credit |
Cash Account receivable Revenue | $1400 $600 | $2000 |
$1400 | ||
Utilities Expense | $6000 | |
Cash | $1800 | |
Account Payable | $4200 | |
Salaries Expense | $8,000 | |
Cash | $8,000 | |
Depreciation Asset Cash | $1250 | $1250 |
Interest Expense Loan Payable Cash | $2630 $5481 | $8111 |
Partner Drew Cash | $16000 | $16000 |
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
978-1285198842
