Trial Balance

Charles Chadwick opened a business called Charlie's Detective Service in January 20--. At the end of January the accounts had the following balances:

1. Prepare a trial balance for Charlie's Detective Service as of January 31, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank.

Accounts Payable	$4,000
Accounts Receivable	$3,000
Cash	$24,400
Charles Chadwick, Capital	$30,000
Charles Chadwick, Drawing	$3,000
Computer Equipment	$8,000
Office Furniture	$5,000
Office Supplies	$300
Professional Fees	$12,000
Rent Expense	$1,500
Utilities Expense	$800

Prepare a trial balance for Charlie's Detective Service as of January 31, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank.

Charlie's Detective Service
Trial Balance
January 31, 20--
Account	Debit Balance	Credit Balance
Cash

Answer rating: 100% (QA)

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