Homework Chapter 2 eBook ? 1. BE.02.21 Preparing a Trial Balance Listed below are the ledger accounts for Borges Inc. at December 31. All accounts have normal balances. 2. BE.02.22.ALGO Service Revenue $28,150 Dividends Declared $1,500 3. BE.02.23 Cash 12,850 Salaries Expense 4,300 Accounts Payable 2,825 Equipment 17,905 4. BE.02.24.ALGO Common Stock 15,000 Accounts Receivable 5,700 5. BE.02.26.ALGO Rent Expense 2,400 Advertising Expense 1,320 Required: 6. EX.02.31.ALGO Prepare a trial balance for Borges at December 31. If an amount box does not require an entry, leave it blank. 7. PR.02.48A 8. PR.02.49A Borges Inc. Trial Balance December 31 Debit Account Credit Cash Accounts Receivable Equipment Q00001 Accounts Payable Common Stock Dividends Declared Check My Work Previous Next) Next Progress: 5/8 items Homework Chapter 2 eBook 1. Record the effects of the transactions listed above on the accounting equation. The totals at July 31 have already been entered. If an amount box does not require an entry, leave it blank. Enter decreases in account values as negative numbers. 1. BE.02.21 Assets Liabilities Equity 2. BE.02.22.ALGO Notes Accounts Receivable Accounts Payable Retained Earnings 3. BE.02.23 Cash + + Supplies + Payable + Common Stock + 8,000 15,900 4,100 2,500 4,000 12,000 9,500 4. BE.02.24.ALGO a. 5. BE.02.26.ALGO b. C. 6. EX.02.31.ALGO d. 7. PR.02.48A e. 8. PR.02.49A