Question
The accounts in the general ledger of Crane Company as of March 31 of the current year are listed in alphabetical order as follows. All
The accounts in the general ledger of Crane Company as of March 31 of the current year are listed in alphabetical order as follows. All accounts have normal balances. The balance of the Cash account has been intentionally omitted.
Account | Amount | |
Accounts payable | $16,100 | |
Accounts receivable | 32,650 | |
Cash | ? | |
G. Smith, capital | 25,500 | |
G. Smith, drawings | 15,630 | |
Insurance expense | 515 | |
Interest expense | 1,060 | |
Notes payable | 14,800 | |
Rent expense | 16,000 | |
Salaries expense | 37,300 | |
Service revenue | 71,355 | |
Supplies | 1,200 | |
Supplies expense | 1,700 | |
Unearned revenue | 4,500 | |
Utilities expense | 2,650 |
Prepare a trial balance, listing the accounts in financial statement order and inserting the missing figure for the Cash account.
CRANE COMPANY Trial Balance For the Quarter Ended March 31For the Year Ended March 31March 31 | ||
Debit | Credit | |
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | $ | $ |
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Accounts ReceivableAccounts PayableCashG. Smith, CapitalG. Smith, DrawingsInsurance ExpenseInterest ExpenseNotes PayableRent ExpenseSuppliesService RevenueSupplies ExpenseSalaries ExpenseUtilities ExpenseUnearned Revenue | ||
Totals | $ | $ |
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