Question: Return to 2 Required On December 31 Year 2. Morgan Company had the following normal account balances in its general ledger. Use this information to

 Return to 2 Required On December 31 Year 2. Morgan Company
had the following normal account balances in its general ledger. Use this

Return to 2 Required On December 31 Year 2. Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance, Land Unearned revenue Dividends Prepaid rent Cash Salaries expense Accounts payable Common stock Operating expense office supplies Advertising expense Retained earnings. Beginning Service revenue Accounts receivable $13,500 17.30 5.380 5,950 61,430 18,000 2,010 24,500 12,400 1,700 2,100 19,730 68,140 6,200 Answer is complete but not entirely correct. Credit 18,000 X MORGAN COMPANY Trial Balance December 31, Year 2 Account Titles Debit Land $ 19,050 x Unearned revenue Dividends 4,500 x Prepaid rent 5,900 X Cash 60,260 Salaries expense 16,500 X Accounts payable Common stock Operating 15,150 x expense Office supplies 1,800 Advertising 2,900 X expense Retained earnings Service revenue Accounts 6,350 X receivable 1,950 X 28,500 X 14,970 X 68,990 X Totals $ 132,410 $132.410

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