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The accounts of Grand Pool Service, Inc. follow with their normal balances at June 30, 2018. The accounts are listed in no particular order (Click
The accounts of Grand Pool Service, Inc. follow with their normal balances at June 30, 2018. The accounts are listed in no particular order (Click the icon to view the accounts.) Prepare the company's trial balance at June 30, 2018, listing accounts in proper sequence For example, Accounts Receivable comes before Land List the expense with the largest balance first, the expense with the next largest balance second and so on Prepare the trial balance beginning with the heading. After preparing the heading the next step is to identify the accounts that will listed on our trial balance. Remember to list accounts in proper sequence Assets should be listed in order of liquidity and list the expenses with the largest balance first. Finally, enter the balances from the accounts into the correct columns and total the debits and credits (Remember the accounting equation and what kind of balance each account holds. Leave any unused cells blank.) Account Debit Credit A More info X Account Balance Account Balance Share capital $ 8,300 Dividends. $ 5,500 Accounts payable 4,200 Utilities expense 1,400 Service revenue 22,300 Accounts receivable 15,900 Land 29,200 Delivery expense 700 Loan payable 12,500 Retained earnings. 22,000 7,700 Cash 8,900 Salary expense
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