Prepare Trial Balance? Angela Mosely owns Innovative Designs. The Accounts and their balances for the Trial Balance

   Prepare Trial Balance?

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Angela Mosely owns Innovative Designs. The Accounts and their balances for the Trial Balance of the first for January 31, 20X1, the first month of operation, are shown below. You must figure out debit or credit balances when entering in the Trial Balance. Accounts Cash Accounts Receivables Supplies Prepaid Advertising Prepaid Rent Equipment Accumulated Depreciation - Equipment Accounts Payable Angela Mosley - Capital Angela Mosley - Drawing Fees Income Advertising Expense Depreciation Expense - Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Balances on Jan 31, 20X1 (You must decide Debit or Credit) 34,600 11,700 5,950 4,800 13,800 44,400 14,650 59,100 6,100 57,350 8,800 950 Angela Mosely owns Innovative Designs. The Accounts and their balances for the Trial Balance of the first for January 31, 20X1, the first month of operation, are shown below. You must figure out debit or credit balances when entering in the Trial Balance. Accounts Cash Accounts Receivables Supplies Prepaid Advertising Prepaid Rent Equipment Accumulated Depreciation - Equipment Accounts Payable Angela Mosley - Capital Angela Mosley - Drawing Fees Income Advertising Expense Depreciation Expense - Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Balances on Jan 31, 20X1 (You must decide Debit or Credit) 34,600 11,700 5,950 4,800 13,800 44,400 14,650 59,100 6,100 57,350 8,800 950

Answer rating: 100% (QA)

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