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To the left of each account listed on the trial balance, indicate the financial statement that will include the account: income statement (IS), statement of

To the left of each account listed on the trial balance, indicate the financial statement that will include the account: income statement

(IS), statement of retained earnings (RE), or balance sheet (BS).

Mylar, Inc.

Trial Balance

December 31, 2016

Account

Debit

Credit

Cash

$12,100

Accounts Receivable

1,900

Supplies

250

Equipment

6,000

Accounts Payable

$1,830

Notes Payable

10,000

Common Stock

8,500

Dividends

700

Service Revenues

3,500

Salaries Expense

1,740

Rent Expense

800

Utilities Expense

340

Total

$23,830

$23,830

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