The accounts in the ledger of Sushi To Go Ltd contain the following balances on 31 July
Question:
The accounts in the ledger of Sushi To Go Ltd contain the following balances on 31 July 2016:
Required
Prepare a trial balance with the accounts arranged as illustrated in this chapter, and fill in the missing amount for Cash.
Accounts Receivable Accounts Payable Cash Delivery Equipment Fuel Expense Insurance Expense Bank Loan $ 27184 14692 ? 118620 1416 946 56 800 Prepaid Insurance Repair Expense Service Revenue Dividends Share Capital Salaries Expense Salaries Payable Retained Earnings $ 3836 1822 31 220 1 300 79 900 8756 1530 9172
Step by Step Answer:
Here is a trial balance with the accounts arranged as discussed in t...View the full answer
Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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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