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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
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 Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense Office supplies Advertising expense Retained earnings, 1/1/Year 2 Service revenue Accounts receivable MORGAN COMPANY Trial Balance December 31, Year 2 Account Titles Cash Office supplies Prepaid rent Accounts payable Unearned revenue Common stock Retained earnings Dividends Service revenue Salaries expense $ Debit $ 30,000 32,000 8,000 5,600 90,000 18,000 7,000 80,000 41,000 2,500 3,500 9,000 86,000 15,400 90,000 2,500 5,600 8,000 18.000 Credit 7,000 32,000 80,000 9,000 86,000
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