Question
Trial Balance Charles Chadwick opened a business called Charlie's Detective Service in January 20--. At the end of January the accounts had the following balances:
Trial Balance
Charles Chadwick opened a business called Charlie's Detective Service in January 20--. At the end of January the accounts had the following balances:
1. Prepare a trial balance for Charlie's Detective Service as of January 31, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank.
| Accounts Payable | $4,000 |
| Accounts Receivable | $3,000 |
| Cash | $24,400 |
| Charles Chadwick, Capital | $30,000 |
| Charles Chadwick, Drawing | $3,000 |
| Computer Equipment | $8,000 |
| Office Furniture | $5,000 |
| Office Supplies | $300 |
| Professional Fees | $12,000 |
| Rent Expense | $1,500 |
| Utilities Expense | $800 |
Prepare a trial balance for Charlie's Detective Service as of January 31, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank.
| Charlie's Detective Service | ||
| Trial Balance | ||
| January 31, 20-- | ||
| Account | Debit Balance | Credit Balance |
| Cash | ||
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