National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours...
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National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts: Cash Equipment Beth Worley, Drawing (1) 22,300 (2) 1,550 (7) 8,900 (3) 2,900 (4) 2,450 (3) 16,100 (9) 2,200 (6) 6,700 |(9) 2,200 Accounts Receivable Accounts Payable Fees Earned (5) 12,050 (7) 8,900 (6) 6,700 (3) 13,200 (5) 12,050 Supplies Beth Worley, Capital Operating Expenses (2) 1,550 (8) 900 (1) 22,300 (4) 2,450 (8) 900 a. Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. National Park Tours Co. Unadjusted Trial Balance May 31, 2019 Debit Credit Balances Balances b. Based upon the unadjusted trial balance, determine the net income or net loss. National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts: Cash Equipment Beth Worley, Drawing (1) 22,300 (2) 1,550 (7) 8,900 (3) 2,900 (4) 2,450 (3) 16,100 (9) 2,200 (6) 6,700 |(9) 2,200 Accounts Receivable Accounts Payable Fees Earned (5) 12,050 (7) 8,900 (6) 6,700 (3) 13,200 (5) 12,050 Supplies Beth Worley, Capital Operating Expenses (2) 1,550 (8) 900 (1) 22,300 (4) 2,450 (8) 900 a. Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. National Park Tours Co. Unadjusted Trial Balance May 31, 2019 Debit Credit Balances Balances b. Based upon the unadjusted trial balance, determine the net income or net loss.
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Unadjusted Trial Balance Unadjusted Trial Balance is the trial balance before mak... View the full answer
Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
Posted Date:
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