Quinn owns a metaphysical novelty shop Quinns Crystal Vision. She sells crystals, beads, tapestries, and other gifts. Using the information below and the double-entry bookkeeping method, prepare a trial balance for Quinns first month of business.

Transactions:

• Quinn invested $2,000 of her own funds into her business
• Quinn also took out a $4,000 loan from her local Small Business Development Administration
• Quinn paid $750 in rent
• Quinn paid $135 for utilities and internet
• Quinn purchased $2,000 worth of jewelry making equipment for her shop
• During month 1 of business, Quinn made $3,500 in sales by selling $2,000 worth of inventory
• Quinn bought $475 worth of fabric on credit from Berts Wholesale Fabrics

What is the trial balance for Quinns first month in business?

Quinn owns a metaphysical novelty shop Quinns Crystal Vision. She sells crystals, beads, tapestries, and other gifts. Using the information below and the double-entry bookkeeping method, prepare a trial balance for Quinns first month of business.

Transactions:

• Quinn invested $2,000 of her own funds into her business
• Quinn also took out a $4,000 loan from her local Small Business Development Administration
• Quinn paid $750 in rent
• Quinn paid $135 for utilities and internet
• Quinn purchased $2,000 worth of jewelry making equipment for her shop
• During month 1 of business, Quinn made $3,500 in sales by selling $2,000 worth of inventory
• Quinn bought $475 worth of fabric on credit from Berts Wholesale Fabrics

What is the trial balance for Quinns first month in business?