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The accounts in the ledger of The Grayson Group contain the following balances on July 31, 2014. Assuming all balances are normal, determine the missing
The accounts in the ledger of The Grayson Group contain the following balances on July 31, 2014. Assuming all balances are normal, determine the missing balance and complete the trial ba The Grayson Group Accounts payable Trial Balance 2,681 2,225 Cash July 31, 2014 Consulting revenue earned 4,372 Debit Credit Dividends 1,814 Equipment 7,680 Interest expense 807 Land 8,655 Prepaid rent 2,020 Rent earned ??? Share capital 9,155 Short-term notes payable 5,073 Store supplies expense 3,574 Totals
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