EllaLovesAnime
19.02.2021 •
Business
On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance.
Land $18,000
Unearned revenue 16,200
Dividends 5,200
Prepaid rent 6,850
Cash 59,010
Salaries expense 12,500
Accounts payable 1,940
Common stock 23,000
Operating expense 13,800
Office supplies 1,900
Advertising expense 2,100
Retained earnings, Beginning 14,300
Service revenue 70,720
Accounts receivable 6,800
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Ответ:
Answer and Explanation:
The preparation of the trial balance is given below:
Particulars Debit amount Credit amount
Land $18,000
Unearned revenue $16,200
Dividend $5,200
Prepaid rent $6,850
Cash $59,010
Salaries expense $12,500
Account payable $1,940
Common stock $23,000
Operating expense $13,800
Office supplies $1,900
Advertising expense $2,100
Retained earnings $14,300
Service revenue $70,720
Account receivable $6,800
Totals $126,160 $126,160
Ответ: