The following transactions have been journalized and posted to the proper accounts:

i$.$ Edward Wilson invested $$8,000$ cash in his new landscaping business.

ii$.$ The business paid the first month's rent with $$300$ cash.

iii. The business purchased equipment by paying $$2,000$ cash and executing a note payable for $$3,000.$

iv$.$ The business purchased supplies for $$200$ cash.

v$.$ The business billed clients for a total of $$1,000$ for design services rendered.

vi$.$ The business received $$750$ cash from clients for services rendered above.

vii. The owner took a withdrawal of $$2,000.$

Prepare the trial balance.

Answer rating: 100% (QA)

To prepare the trial balance we need to summarize the account balances based on the ... View the full answer