The trial balance columns of the worksheet using a perpetual inventory system for Balistreri Company at June
Question:
The trial balance columns of the worksheet using a perpetual inventory system for Balistreri Company at June 30, 2022, are as follows.
Other data:
Utilities expense incurred on account, but not yet recorded, total $1,500.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.
Balistreri Company Worksheet For the Month Ended June 30, 2022 Account Titles Cash Accounts Receivable Inventory Accounts Payable Owner's Capital Sales Revenue Cost of Goods Sold Utilities Expense Trial Balance Debit 1,920 2,440 11,640 20,560 10,560 47,120 Credit 1,120 3,500 42,500 47,120
Step by Step Answer:
Balistreri Company Worksheet For the Month Ended June 30 2022 Trial Balance Account Titles Debit Cre...View the full answer
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
Related Video
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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