Daylen Hair Stylists adjusted trial balance follows. Prepare Daylens income statement for the year ended December 31,
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DAYLEN HAIR STYLISTS Adjusted Trial Balance December 31, 2017 Balance Debit 1,600 1,100 2,000 19,800 Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation ExpenseEquipment Interest Expense Total Credit 1,800 900 900 3,700 12,700 600 15,100 5,300 800 1,800 2,100 S 35,100 S 35,100
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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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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