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Required information [The following information applies to the questions displayed below.] Yi Min started an engineering firm called Min Engineering. He began operations and completed
Required information [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 $23,500 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash $ 49,215 1,100 office supplies Prepaid insurance Office equipment Accounts payable Common stock Dividends Engineering fees earned Rent expense 4,900 10,700 10,700 23,500 4,345 44,000 7,940 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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