The accounting records for Amazing Sounds, Corp., contain the following amounts on April 30, 2012. The accounts
Question:
April 30, 2012. The accounts appear in no particular order.
Prepare the trial balance for Amazing Sounds at April 30, 2012. List the accounts in properorder.
Transcribed Image Text:
$87,000 Ultilities Expense. 500 Note Payable. Prepaid Rent $ Accounts Payable00 Cash Equipment9,000 Rent Expense Dividends. 10,000 16,400 40,000 17,900 21,000 Common Stock
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
Amazing Sounds Corp Trial Balance April 30 2012 BALANCE AC...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Related Video
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
Students also viewed these Accounting questions
-
Without using a calculator (or Wolfram Alpha), determine all solutions of z+ (4 + 6i)z +20 + 12i = 0. (Hint: Use the quadratic formula.)
-
The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016: Prepare divisional income statements for Jersey Coast...
-
The accounting records for Delta Driving School shows a cash balance of $14,134 on February 28, 2012. On the evening of February 28, company receipts of $1,250 were placed in the bank's night deposit...
-
Describe the process of testing software developed using both top-down and bottom-up development order. Which method results in the fewest resources required for testing? What types of errors are...
-
Apply the stability theorem for autonomous differential equations to the following equations. Show that your results match what you found in your phase-line diagrams, and give a biological...
-
Data for Rattigan plc are presented in P17.5. Instructions Prepare the operating activities section of the statement of cash fl ows using the direct method. P17.5 Rattigan plcs income statement...
-
Prepare with imaginary particulars the following: (a) Cash memo (b) Credit note (c) Debit note (d) Invoice (e) Receipt (f) Voucher
-
Prepare the journal entries to record the following transactions on Horst Companys books using a perpetual inventory system. (a) On March 2, Horst Company sold $800,000 of merchandise to Bernadina...
-
Lynette, a famous basketball player, is considering the possibility of transferring the sole right to use her name to promote basketball shoes produced and sold by the NIK Corporation. NIK will pay...
-
A student added 10 g (0.25 mol) of sodium hydroxide to 40 cm 3 of water to make a concentrated solution. All the sodium hydroxide dissolved. He measured the maximum temperature rise. He suggested...
-
After operating for a month, Kelsey Sages dental practice completed the following transactions during September: Sep 3 The business borrowed $40,000 from the bank, signing a note payable. 9 Performed...
-
To the left of each account listed on the trial balance, indicate the financial statement that will include the account: income statement (IS), statement of retained earnings (RE), or balance...
-
Describe the source of accounting standards for nongovernment nonbusiness organizations (NNOs). LO9
-
Coaching for Performance Develop a strategy for how you will approach the coaching session with the employee, including what you plan to discuss and any questions you may have when you debrief....
-
For the following exercises, find the derivatives of the given functions: 1. y=x-secx+1 2. y = 3 cscx+ 5 3. f(x) = x cotx 4. f(x) = secx I 5. y=
-
1. why does Amazon use ERP system? How does ERP system work for Amazon? what are the benefit and drawbacks of using ERP for Amazon? 2. what are 5 industry best practices across Finance,...
-
A rigid vessel contains afuel gasconsisting of a methane (CH4) and ethane (C2H6) mixture. The pressure in the vessel is found to be 0.30 bar.Air is added to the vessel until the total pressure...
-
Do you agree with this discussion post? My article discusses decision-making tools in Project Management (PM). "In research and development (R&D), project management (PM) decision-making tools are...
-
Flotation Costs. For small issues of common stock, the costs of flotation amount to about 15 percent of the proceeds. This means that the opportunity cost of external equity capital is about 15...
-
Identify one local business that uses a perpetual inventory system and another that uses a periodic system. Interview an individual in each organization who is familiar with the inventory system and...
-
Assume it was determined that the insurer in question 17 had overestimated its loss reserves by $20 million. If the loss reserve estimate was corrected, what is the impact on policyholders surplus?
-
Lynn's Music School created a $250 petty cash fund on August 1. During the month, the fund custodian authorized and signed petty cash tickets as follows: Requirements 1. Record the journal entry to...
-
On March 1, The Party Place creates a petty cash fund with a balance of $325. During March, Sue Bemis, the fund custodian, signs the following petty cash tickets: On March 31, prior to replenishment,...
-
Bright Smile Dental Group started 2016 with Accounts Receivable of $134,000 and a credit balance in Allowance for Uncollectible Accounts balance of $9,000. The following information relates to Bright...
-
Los datos de la columna C tienen caracteres no imprimibles antes y despus de los datos contenidos en cada celda. En la celda G2, ingrese una frmula para eliminar cualquier carcter no imprimible de la...
-
Explain impacts of changing FIFO method to weighted average method in inventory cost valuations? Explain impacts of changing Weighted average method to FIFO method in inventory cost valuations?...
-
A perpetuity makes payments starting five years from today. The first payment is 1000 and each payment thereafter increases by k (in %) (which is less than the effective annual interest rate) per...
Study smarter with the SolutionInn App