The following is an alphabetical list of accounts and balances for J. Saggit, proprietorship, at June 30,

Question:

The following is an alphabetical list of accounts and balances for J. Saggit, proprietorship, at June 30, 2024:


Instructions
Prepare a trial balance at June 30, sorting each account into the debit or the credit column.


Taking It Further

J. Saggit believes that, once the trial balance is prepared, if the debits equal the credits, then his financial statements will be error-free. Advise J. Saggit if he is correct in his belief.

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Related Book For  book-img-for-question

Accounting Principles Volume 1

ISBN: 9781119786818

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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