Question: Based on the transactions posted to T- accounts in E3- 18, create an unadjusted trial balance for Tongo, Inc. for the month ended January 31.

Based on the transactions posted to T- accounts in E3- 18, create an unadjusted trial balance for Tongo, Inc. for the month ended January 31. Distinguish the balance sheet and income statement accounts as shown in Exhibit 3.9.

Cash (A) Accounts Payable (L) Common Stock (SE) Jan 10,000 9.500 5,000 Jan I 12,000 Jan 1 Accounts Receivable (A) Unearned Revenue (L.) Retained Earning (SE) Jan I 12.500 2,500 Jan I 8,800 Jan l Supplies (A) Note Payable (L) Service Revenue (R) Jan 800 0 Jan I 0 Jan 1 9.500 a Equipment (A) Utilities Expense (E) Jan 000 Jan 0

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