Question 4:

Use the following information to create an Trial Balance for the company. As of October 31 the company, ABC Services, had the following account balances: (20 points)

Cash

$11,500

Accounts Receivable

14,000

Office Supplies

3,250

Land

46,000

Office Equipment

18,000

Accounts Payable

8,500

Owner Capital

84,000

Owner Withdrawals

2,000

Consulting Revenue

14,000

Rent Expense

3,500

Salaries Expense

7,000

Utility Expense

700

Miscellaneous Expense

550

Use the following table to complete the trial balance:

ABC Services

Trial Balance

As of October 31

Account:

Debits

Account:

Credits

TOTAL:

TOTAL: