Preparing an Unadjusted Trial Balance

Using the following T-Accounts, prepare an unadjusted trial balance for Perry Inc. Assume that the trial balance is dated January 31, 2020. Ignore account numbers.

Cash
	10,000	5,000
	2,000

Accounts Receivable
	2,500	2,000
	1,500

Equipment
	2,750

Accounts Payable
	5,000	7,500
		1,125

Note Payable
		2,750

Common Stock
		5,000

Service Revenue
		1,500

Legal Expense
	1,125

Note: Do not use negative signs with your answers.

Perry Inc.
Unadjusted Trial Balance
January 31, 2020
Description	Debit	Credit
Cash
Accounts Receivable
Equipment
Accounts Payable
Note Payable
Common Stock
Service Revenue
Legal Expense
Totals