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Required Information Problem 2-6A (Algo) Analyzing account balances and reconstructing transactions LO A1, P1 [The following information applies to the questions displayed below.) YI Min
Required Information Problem 2-6A (Algo) Analyzing account balances and reconstructing transactions LO A1, P1 [The following information applies to the questions displayed below.) YI Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $20,500 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash Office supplies Prepaid insurance Office equipment Accounts payable Y. Min, Capital Y. Min, Withdrawals Services revenue Rent expense $ 41,221 940 4,3ee 14,380 14,380 28,500 3,849 37,000 7,190 Problem 2-6A (Algo) Part 1 Required: 1. Prepare a trial balance for this business as of the end of May. MIN ENGINEERING Trial Balance May 31 Debit Credit Totals
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