You have been hired to correct the trial balance in Figure 3.35 that has been recorded improperly
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You have been hired to correct the trial balance in Figure 3.35 that has been recorded improperly from the ledger to the trial balance.
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SIMONE CO. TRIAL BALANCE AUGUST 31, 201X Account Dr. Cr. Accounts Payable 600000 A. Simone, Capital 5000 A. Simone, Withdrawals 115000 Services Earned 470000 Concessions Earned 2900 00 Rent Expense 130000 Salaries Expense 260000 Miscellaneous Expense 180000 Cash 500000 Accounts Receivable 180000 Totals 17 8 0000 950000
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Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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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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