Using the following information, prepare a trial balance. Assume all asset, dividend, and expense accounts have...
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Using the following information, prepare a trial balance. Assume all asset, dividend, and expense accounts have debit balances and liability, stockholders' equity, and revenue accounts have credit balances. List the accounts in the following order: assets, liabilities, stockholders' equity, dividends, revenues, and expenses. Cash. Salaries Payable $5,850 500 Dividends $300 Rent Expense 1,750 Prepaid Rent 700 Accounts Receivable 3,900 Accounts Payable 1,750 Common Stock 5,700 Retained Earnings 1,650 Service Revenue 6,600 Salaries Expense 2,500 Advertising Expense 1,200 Trial Balance Accounts Debit Credit Totals $ 0 $ 0 Using the following information, prepare a trial balance. Assume all asset, dividend, and expense accounts have debit balances and liability, stockholders' equity, and revenue accounts have credit balances. List the accounts in the following order: assets, liabilities, stockholders' equity, dividends, revenues, and expenses. Cash. Salaries Payable $5,850 500 Dividends $300 Rent Expense 1,750 Prepaid Rent 700 Accounts Receivable 3,900 Accounts Payable 1,750 Common Stock 5,700 Retained Earnings 1,650 Service Revenue 6,600 Salaries Expense 2,500 Advertising Expense 1,200 Trial Balance Accounts Debit Credit Totals $ 0 $ 0
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