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Trial Balance Question: - Requirements: Prepare a trial balance using the following account balances: Cash: $60,000 Accounts Receivable: $40,000 Prepaid Rent: $30,000 Equipment: $150,000 Accumulated
ยทTrial Balance Question: - Requirements:
- Prepare a trial balance using the following account balances:
- Cash: $60,000
- Accounts Receivable: $40,000
- Prepaid Rent: $30,000
- Equipment: $150,000
- Accumulated Depreciation: $70,000
- Accounts Payable: $80,000
- Salaries Payable: $15,000
- Common Stock: $180,000
- Retained Earnings: $160,000
- Service Revenue: $120,000 -
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