The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances
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Eva's Laundry Trial Balances May 31, 2019 Unadjustecd Debit Adjusted Credit Debit Credit Balances Balances Balances Balances 7,500 18,250 3,750 5,200 190,000 7,500 23,250 6,750 1,600 177,000 Accounts Receivable Laundry Supplies.. Prepaid Insurance* Laundry Equipment Accumulated Depreciation-Laundry Equipment Accounts Payable. Wages Payable. Eva Baldwin, Capital Eva Baldwin, Drawing Laundry Revenue... Wages Expense.... 48,000 9,600 110,300 182,100 48,000 9,600 1,000 110,300 .28,775 28,775 182,100 49,200 25,575 18,500 Utilities Expense. Depreciation Expense Laundry Supplies Expense Insurance Expense Miscellaneous Expense 49,200 25,575 18,500 13,000 3,000 600 3,250 3,250 350.000 350,000 358,000 351,000
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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