Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Trial Balance Southwest Tours Co. is a travel agency. The nine transactions recorded by Southwest Tours during April 2016, its first month of operations, an
Trial Balance Southwest Tours Co. is a travel agency. The nine transactions recorded by Southwest Tours during April 2016, its first month of operations, an indicated in the following T accounts: Cash Equipment Mickey O'Dell, Drawing (1) 42,100(2) 2,950 (3) 30,300 (9) 4,200 7) 16,850(3) 5,450 4) 4,650 (6) 12,650 (9) 4,200 Accounts Receivable Accounts Payable Service Revenue (5) 22,7507) 16,850 (6) 12,650 (3) 24,850 (5) 22,750 Supplies Mickey O'Dell, Capital Operating Expenses (2) 2,950 (8) 1,700 (1) 42,100 (4) 4,650 (8) 1,700 Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started