Please prepare a trial balance.
What is the equation to find cash?
The accounts in the ledger of bastin delivery service contain the following balances on july 31, 2014.
Solution
Ans Cash 12,534
.
Please prepare a trial balance- What is the equation to find cash- The.docx
1. Please prepare a trial balance.
What is the equation to find cash?
The accounts in the ledger of bastin delivery service contain the following balances on july 31,
2014.
Solution
Ans Cash 12,534
Details Debit Credit
Accounts Receivable 14,910.00
Accounts Payable 9,910.00
Equipment 59,550.00
Maintenance & Repairs Expense 3,008.00
Insurance Expense 790.00
Note Payable 30,140.00
Prepaid insurance 3,830.00
Service revenue 16,550.00
Dividend 810.00
Common Stock 40,190.00
Salaries & Wages expense 9,118.00
Salaries & Wages Payable 930.00
Retained Earnings 6,830.00
92,016.00 1,04,550.00
Total Credits 1,04,550.00
Total Debit 92,016.00
Cash (b/f) 12,534.00