Question: Hello, if someone could please help me fill out the trial balance I would greatly appreciate it! Date July 1 July 1 July 1 July

Hello, if someone could please help me fill out the trial balance I would greatly appreciate it!

Hello, if someone could please help me fill out the trial balanceI would greatly appreciate it! Date July 1 July 1 July 1

Date July 1 July 1 July 1 July 6 July Transactions Transaction Description Began business by making a deposit in a company bank account of $40,000, in exchange for 4,000 shares of $10 par value common stock. Paid the premium on a 1-year insurance policy, $4,800. Paid the current month's store rent expense, $3,600. Purchased repair equipment from Paul's Pool Equipment Company, $7,800. Paid $600 down and the balance was placed on account. Purchased repair supplies from Mary's Repair Company on credit, $450. Paid telephone bill, $300. Cash pool service revenue for the first third of July, $2,650. July 8 July 10 July 11 July 18 July 20 Made payment to Mary's Repair Company, $300. Cash pool service revenue for the second third of July, $4,000. Cash pool service revenue for the last third of July, $2,250. July 31 July 31 July 31 Paid the current month's electric bill, $500. Declared and paid cash dividend of $1,100. Account Number July 31 Account Title Balance Debit Credit Only enter accounts that have a balance. 00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!