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Using the data below, prepare a detailed ledger account for Apple Inc. for April 2024. Additionally, prepare the trial balance and discuss any discrepancies found.
- Using the data below, prepare a detailed ledger account for Apple Inc. for April 2024. Additionally, prepare the trial balance and discuss any discrepancies found.
Date | Transaction | Debit ($) | Credit ($) |
April 1 | Sales | 25,000 | |
April 3 | Purchase of inventory | 12,000 | |
April 5 | Salaries expense | 3,000 | |
April 8 | Sales | 15,000 | |
April 10 | Depreciation expense | 1,500 | |
April 12 | Utility expense | 700 | |
April 15 | Rent expense | 2,000 | |
April 18 | Sales | 10,000 | |
April 20 | Purchase of equipment | 8,000 | |
April 25 | Miscellaneous expenses | 600 | |
April 28 | Sales | 20,000 | |
April 30 | Interest income | 500 |
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