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Unit 8 Activity 1 AccountTrial BalanceIncome StatementBalance SheetDebitCreditDebitCreditDebitCreditBank516.2 Accounts Receivable9,255.5 Office Supplies1,525 Office Equipment10,356 Automobiles19,255.65 Professional Library5,363.25 Accounts Payable 2,618.25 GST Payable 650 GST Recoverable410

Unit 8 Activity 1 AccountTrial BalanceIncome StatementBalance SheetDebitCreditDebitCreditDebitCreditBank516.2 Accounts Receivable9,255.5 Office Supplies1,525 Office Equipment10,356 Automobiles19,255.65 Professional Library5,363.25 Accounts Payable 2,618.25 GST Payable 650 GST Recoverable410 Ying Lo, Capital 34,024.81 Ying Lo, Drawings20,000 Fees Earned 55,285 Car Expense4,592.36 Utitlites Expense589.25 Miscellaneous Expense1,254.85 Rent Expense7,200 Salaries Expense9,235 Telephone Expense3,025 92,578.0692,578.06

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