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prepare trail balance I-10 20.000 Rent Expense Rent Deposit Pay the rent with cash 20,000 2-10 10,000 Cash Loan To record issue of common stock

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I-10 20.000 Rent Expense Rent Deposit Pay the rent with cash 20,000 2-10 10,000 Cash Loan To record issue of common stock 10,000 4-10 200 Supplies Other Payable To record office supplies purchased on account 2001 7-10 25.000 Inventory Accounts Payable Buy clothes by account 25.000 10-10 1.000 Electricity payable Cash Pay the electricity fee 1,000 10-10 500 Water payable Cash 500 31-10 70,000 Cashi Revende The clothing sales 70,000 31-10 24800 Cost of sales Inventory 24,800 31-101 13,000 Wages experise Cash Pay the salaries for empolyees 13,000 31-10 200 Insurance expense Prepaid insurance To record payment 200 31-10 1.100 Electricity Expenses Electricity payable Paid for electricity bill 1.100 31-108 600 600 Water Expenses Water payable Paid for water bill (47500+10900)x10%.12 31-10 486.667 Depreciation-furniture & equipment Allowance for depreciation-furniture & equipe sont 486.667 31-101 1.000 Depreciation-fixtures and fitings Allowance for depreciation fixtures and fitings 1,000 31-10 41.667 Interest expense (10,000x5%/12) Bank 41.667

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