Saxon Company provides the following account balances as of July 31: Required Prepare a trial balance as
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Prepare a trial balance as of July 31.
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Accounts Payable Accounts Receivable Buildings Cash Common Stock Dividends Notes Payable Salaries Expense Retained Earnings Service Revenue Supplies $12,445 12,300 99,840 33,200 15,000 4,000 33,000 45,205 45,700 49,700 6,980 8
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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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