Question: Using the information in the photos above please answer the following questions.: 1. How to record the April 1, 2019 balance of each account in
Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2019, follows: Gene Ledge Elite Realty Unadjusted Trial Balance March 31, 2019 Credit Account No. Debit Balances Balances 26,300 61.500 3,000 1,800 Cash.. Accounts Receivable. . Prepaid Insurance ....AA Office Supplies.... LandN Accounts Payable .uN Unearned Rent. Notes Payable.A Lester Wagner, Capital . Lester Wagner. Drawing Fees Earned.CCA.Q Salary and Commission Expense.. Rent Expense Advertising Expense Automobile Expense . Miscellaneous Expense . - 13 14 16 21 R22 23 31 32 41 s1 52 53 54 s9 14,000 46,000 2.000 240,000 148.200 30,000 17.800 5,500 3.900 300,000 300,000 Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2019, follows: Gene Ledge Elite Realty Unadjusted Trial Balance March 31, 2019 Credit Account No. Debit Balances Balances 26,300 61.500 3,000 1,800 Cash.. Accounts Receivable. . Prepaid Insurance ....AA Office Supplies.... LandN Accounts Payable .uN Unearned Rent. Notes Payable.A Lester Wagner, Capital . Lester Wagner. Drawing Fees Earned.CCA.Q Salary and Commission Expense.. Rent Expense Advertising Expense Automobile Expense . Miscellaneous Expense . - 13 14 16 21 R22 23 31 32 41 s1 52 53 54 s9 14,000 46,000 2.000 240,000 148.200 30,000 17.800 5,500 3.900 300,000 300,000
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