Question
The following balances appear in the accounts of WS Inc. as on June 30, 2021. The accounts are listed in alphabetical order. You are required
The following balances appear in the accounts of WS Inc. as on June 30, 2021. The accounts are listed in alphabetical order. You are required to prepare the Trial Balance for WS Inc. as on June 30, 2021 with accounts in proper sequence.
| Account | Balance |
|---|---|
| Accounts Payable | $4,000 |
| Accounts Receivable | $15,100 |
| Cash | $19,200 |
| Common Shares | $18,300 |
| Dividends | $5,800 |
| Interest Expense | $1,100 |
| Land | $29,000 |
| Loan Payable | $11,500 |
| Retained Earnings | $24,100 |
| Salary Expense | $8,500 |
| Service Revenue | $22,500 |
| Utilities Expense | $1,700 |
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Auditing A Guide To Principles And Practice
Authors: J H Crowhurst
1st Edition
0304309052, 978-0304309054
