Use the general ledger balances that follow to prepare a trial balance for Pettipas Company at April
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Use the general ledger balances that follow to prepare a trial balance for Pettipas Company at April 30, 2024. All account balances are normal.
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Accounts payable Accounts receivable C. Pettipas, capital C. Pettipas, drawings Cash Equipment $ 3,300 5,000 22,500 1,100 6,400 14,600 Prepaid rent Rent expense Salaries expense Service revenue Supplies Unearned revenue $ 800 4,500 1,000 8,000 650 250
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Cash Accounts receivable Supplies Prepaid rent Equipment Acco...View the full answer
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Related Book For
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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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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