2. Prepare an adjusted trial balance from the adjusted account balances; solve for the one missing...
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2. Prepare an adjusted trial balance from the adjusted account balances; solve for the one missing account balance: Cash (assume accounts have normal balances). Accounts payable Accounts receivable $19,000 23,760 Cash ? Common stock 38,000 9,000 20,000 21,466 45,000 61,000 18,815 Dividends Equipment Prepaid insurance Land Notes payable Retained earnings Insurance expense 19,689 90,550 5,250 51,000 Service revenue Supplies Salaries expense 2. Prepare an adjusted trial balance from the adjusted account balances; solve for the one missing account balance: Cash (assume accounts have normal balances). Accounts payable Accounts receivable $19,000 23,760 Cash ? Common stock 38,000 9,000 20,000 21,466 45,000 61,000 18,815 Dividends Equipment Prepaid insurance Land Notes payable Retained earnings Insurance expense 19,689 90,550 5,250 51,000 Service revenue Supplies Salaries expense
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Answer rating: 100% (QA)
Trial balance Debit Credit Cash 32200 Accounts receivable 23760 Supplies 525... View the full answer
Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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