The following accounts come from the ledger of Sports to Go at May 31, 2022. Prepare a
Question:
The following accounts come from the ledger of Sports to Go at May 31, 2022.
Prepare a trial balance in good form.
Transcribed Image Text:
Account title Acct # Balance $ 5,200 157 306 201 732 400 101 Equipment Owner's Drawings Accounts Payable 4,750 Utilities Expense Service Revenue Cash 100 2,500 10,950 10,000 Owner's Capital 301
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10950 5200 1000 100 4750 10000 2500 Cash Equip Owners draws Ut...View the full answer
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Related Book For
College Accounting
ISBN: 1986
1st Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
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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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