From the following T accounts of Brads Cleaning Service, (a) Record and foot the balances, (b) Prepare
Question:
From the following T accounts of Brad’s Cleaning Service,
(a) Record and foot the balances,
(b) Prepare a trial balance in proper form for October 31,201X.
Transcribed Image Text:
Cash 111 Accounts Receivable 112 Office Equipment 121 (A) 12,0001,000 150 100 250 600 (G) 3,500 (c)1400 (H) 250 ( 14,000 (G) 3,0 (E) Brad Joy, Capital 311 Brad Joy, Withdrawals 312 Accounts Payable 211 (D) 1,000(C) 1,400 Cleaning Fees Eamed 411 (A) 12,000 I 600 Utilities Expense 512 (E) 150 Rent Expense 511 (B) 14,000) 100
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a b BRADS CLEANING SERVICE TRIAL BALANCE OCTOBER 31 201X Dr Cr Cash 13 4 0 0 Acco...View the full answer
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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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