Question
Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a
Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance. Land Unearned revenue $22,650 16,900 Dividends 4,900 Prepaid rent 5,950 Cash 59,220 Salaries expense 14,500 Accounts payable 1,510 Common stock 28,500 Operating expense 15,450 Office supplies 1,750 Advertising expense 2,500 Retained earnings, Beginning 16,880 Service revenue 69,350 Accounts receivable 6,220 MORGAN COMPANY Trial Balance December 31, Year 2 Account Titles Debit Credit Cash Accounts receivable Prepaid rent Office supplies Land Accounts payable Unearned revenue Dividends Common stock Retained earnings Service revenue Salaries expense Operating expense Advertising expense Totals $ 0 $ 0
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