Question: Assignment: Completing the Accounting Cycle Smith AC Services Trial Balance Account Title Debit Credit Cash 21,520 Accounts Receivable 9,800 Office Supplies 2,950 Prepaid Insurance 1,900
Assignment: Completing the Accounting Cycle Smith AC Services Trial Balance Account Title Debit Credit Cash 21,520 Accounts Receivable 9,800 Office Supplies 2,950 Prepaid Insurance 1,900 Prepaid Rent 9,000 Office Equipment 23,000 Accounts Payable 550 John Smith, Capital Contributions 53,000 John Smith, Withdrawals 5,300 Service Fees Earned 20,780 Utilities Expense 860 Total 74,330 74,330
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