Prepare the current asset section based on the following alphabetized post-closing trial balance information at March 31,
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Prepare the current asset section based on the following alphabetized post-closing trial balance information at March 31, 2023, for White Eagle Company:
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Accounts payable......... Accounts receivable.... Accumulated depreciation... Cash............... Isaac Whiteagle, capital... Notes payable, due 2026.. Petty cash.......... Prepaid rent... Property, plant, and equipment... Unearned revenue.. Account Debits Credits $ 7,000 $ 4,500 15,000 600 3,200 8,000 9,900 25,800 14,000 4,600
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781260881325
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
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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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