The accounting records for Audio Masters Corp., contain the following amounts on April 30, 2018. The accounts
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The accounting records for Audio Masters Corp., contain the following amounts on April 30, 2018. The accounts appear in no particular order.
Prepare the trial balance for Audio Masters at April 30, 2018. List the accounts in proper order.
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Utilities Expense. Note Payable. Service Revenue Prepaid Rent. Accounts Payable. Equipment. $63,000 750 1,700 21,000 22,600 $18,400 11,500 Cash.. Rent Expense. Common Stock. 18,300 10,150 15,000 Dividends.
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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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