The accounts in the ledger of Speedy Delivery Service contain the following balances

\((S O\) 2. 7) on July 31, 1997:

\section*{Instructions}

Prepare a trial balance with the accounts arranged as illustrated in the chapter and fill in the missing amount for Cash.

Transcribed Image Text:

Accounts Receivable Accounts Payable $ 7,642 Prepaid Insurance $ 1,968 7,396 Repair Expense 961 Cash Delivery Equipment Gas and Oil Expense Insurance Expense Notes Payable ? Service Revenue 8,610 49,360 Dividends 700 758 Common Stock 40,000 523 Wages Expense 4,428 18,450 Wages Payable 815 Retained Earnings 4,636