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Q.2 Prepare Trial Balance from the given balances for the Bridget Keve's firm year ended 31s December 2014: Cash 11,400 Supplies 1,050 Accounts Receivable 5,620
Q.2 Prepare Trial Balance from the given balances for the Bridget Keve's firm year ended 31s December 2014: Cash 11,400 Supplies 1,050 Accounts Receivable 5,620 Prepaid Insurance 2,400 Equipment 30,000 Note Payable 10,000 Accounts Payable 12,350 Owner's Capital 20,000 Owner's Drawings 600 Service Revenue 13,620 2,200 Travel expense 1,300 Salaries and Wages Expense Rent Expense 1,200 Miscellaneous expense 200 Required: Prepare a Trial Balance for Bridget Keye's firm ACCOUNTS DEBIT CREDIT Question 10: Trial balance-extracting a trial balance from ledger account balances. On May 1, 2018, Maryam started a Mobile accessories business - Funky Mobile Store, by investing 85,000 (Equity) AED cash in the business. The following are the assets and liabilities of the company on May 31, 2018, and the revenues and expenses for the month of May. AED AED Cash-A- 18,000 Equipment-A 36,000 Tax payable- 1,300 Advertising expense-E 200 Office Supplies-A 13,000 Accounts Receivable-A 12,400 Service Revenue E 72,800 Unearned Service Revenue-L 24,700 Question 10:Trial balance-extracting a trial balance from ledger account balances. On May 1, 2018, Maryam started a Mobile accessories business - Funky Mobile Store, by investing 85,000 (Equity) AED cash in the business. The following are the assets and liabilities of the company on May 31, 2018, and the revenues and expenses for the month of May. AED AED Cash-A- 18,000 Equipment-A 36,000 Tax payable-L 1,300 Advertising expense-E 200 ffice Supplies-A 13,000 Accounts Receivable-A 12,400 Service Revenue-E 72,800 Unearned Service Revenue-L 24,700 Accounts Payable- 18,500 Telephone Expense-E 1,600 Notes Payable (Long-term)-L 1,600 Salaries Expense-E 11,200 Rent Expense-E 14,000 Utilities expense-E 200 Motor Vehicle-A 1,100 Land-A 60,000 Prepaid Insurance-A 4,000 Maryam made no further investments in May, but she withdrew (Equity) 32,200 AED in cash for personal use. Required: Prepare in good form a trial balance at May 31, 2018. ACCOUNTS DEBIT CREDIT
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