Question
The accounts in the ledger of Atlantic Furniture Company as of July 2018, are listed in alphabetical order as follows. All accounts have normal balances.
The accounts in the ledger of Atlantic Furniture Company as of July 2018, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. Accounts Payable $ 92,400 Notes Payable $ 25,000 Accounts Receivable 483,600 Prepaid Insurance 21,600 Cash ? Rent Expense 140,000 Common Stock 75,000 Retained Earnings 311,600 Dividends 24,000 Supplies 3,975 Fees Earned 2,750,000 Supplies Expense 11,200 Insurance Expense 9,000 Unearned Rent 6,000 Land 50,000 Utilities Expense 49,100 Miscellaneous Expense 10,200 Wages Expense 2,250,000 Prepare an unadjusted trial balance and insert the missing figure for cash.
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