Preparing a Trial Balance Paige Consultants, Inc., provides marketing research for clients in the retail industry. The
Question:
Paige Consultants, Inc., provides marketing research for clients in the retail industry. The company had the following unadjusted balances at September 30, 2012:
Required:
Prepare in good form an unadjusted trial balance for Paige Consultants, Inc., at September 30,2012.
Transcribed Image Text:
Accrued Expenses Payable Accumulated Depreciation 18,100 25,650 General and Administrative Supplies Cash Expenses 153,000 321,050 12,200 Wages and Benefits Expense Prepaid Expenses Interest Expense 10,200 1,610,000 17,200 Accounts Receivable Consulting Fees Revenue Retained Earnings 2,564,200 225,400 ? Income Taxes Payable Travel Expense Buildings and Equipment 3,030 23,990 323,040 Utilities Expense Gain on Sale of Land Unearned Consulting Fees 32,500 25,230 6,000 Land Investment Income Accounts Payable 10,800 96,830 60,000 Professional Contributed Capital Development Expense 18,600 Other Operating Expenses 188,000 223,370 Rent Expense (on leased computers) Notes Payable Investments 160,000 152,080 145,000
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