this is Checking page for Peachtree practice

Student Name _______________________________Date___________ CHECK YOUR PROGRESS: Your Name Hardware Store Inc. 1. What are the total debit and credit balances on the Trial Balance? _________ 2. What are the total assets on January 31? _________ 3. What is the balance in the Home State Bank account on January 31? _________ 4. How much is total income on January 31? _________ 5. How much net income (net loss) is reported on January 31? _________ 6. What is the balance in the Inventory-Shovels account on January 31? _________ 7. What is the balance in the Inventory-Wheel barrows account on January 31? _________ 8. What is the balance in the Inventory-Wagons account on January 31? _________ 9. During January what is the cost of sales? _________ 10. What is the balance in the Common Stock account on January 31? _________ 11. Rent expense was what percentage of Januarys revenue? _________ 12. Were any Accounts Payable incurred during the month of January? (Circle your answer.) YES NO