Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense 2,000 16,500 Building Cash Common Stock 50,000...

Transcribed Image Text:

Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense 2,000 16,500 Building Cash Common Stock 50,000 Dividends 1,200 Equipment 2,000 Land 70,000 Notes Payable 60,000 3,400 Office Supplies Prepaid Rent 1,200 Salaries Expense -4,000 Service Revenue 72,000 Utilities Expense 4,100 A. Determine the balance in the cash account. AED B. Prepare the trial balance in proper order and format. (5 POINTS) (20 POINTS) Accounts Receivable AED 5,000 Accounts Payable 15,000 Advertising Expense 2,000 16,500 Building Cash Common Stock 50,000 Dividends 1,200 Equipment 2,000 Land 70,000 Notes Payable 60,000 3,400 Office Supplies Prepaid Rent 1,200 Salaries Expense -4,000 Service Revenue 72,000 Utilities Expense 4,100 A. Determine the balance in the cash account. AED B. Prepare the trial balance in proper order and format. (5 POINTS) (20 POINTS)

Answer rating: 100% (QA)

ANSWER A Account Receivable AED5000 Buildings AED16500 Equipment AED2000 Land AED70000 Office Supp... View the full answer