Question: Using the data below, prepare a detailed ledger account for Apple Inc. for April 2024. Additionally, prepare the trial balance and discuss any discrepancies found.

  1. Using the data below, prepare a detailed ledger account for Apple Inc. for April 2024. Additionally, prepare the trial balance and discuss any discrepancies found.

Date

Transaction

Debit ($)

Credit ($)

April 1

Sales


25,000

April 3

Purchase of inventory

12,000


April 5

Salaries expense

3,000


April 8

Sales


15,000

April 10

Depreciation expense

1,500


April 12

Utility expense

700


April 15

Rent expense

2,000


April 18

Sales


10,000

April 20

Purchase of equipment

8,000


April 25

Miscellaneous expenses

600


April 28

Sales


20,000

April 30

Interest income


500

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