Question: Your study partner is having trouble getting total debits to equal total credits in the trial balance. 5 Credit $ 1,500 1,200 Trial Balance Accounts

Your study partner is having trouble getting total debits to equal total credits in the trial balance. 5 Credit $ 1,500 1,200 Trial Balance Accounts Debit Cash $ 6,10 Accounts Receivable Equipment 9,200 Accounts Payable 2,700 Deferred Revenue Common Stock 10,000 Retained Earnings Dividends 700 Service Revenue Salaries Expense 3,480 Utilities Expense Total $32, 100 4,300 3,300 600 $10,900 Prepare a corrected trial balance by placing each account balance in the correct debit or credit column. Trial Balance Dabit Credit Accounts Cash Accounts Receivable Equipment Accounts Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Utilities Expense Totals $ 0$ For each company, calculate the ratio of cash to noncash assets. (Round percentage answers to two decimal places.) 4. Total Assets $26.400 28,700 Cash $5,700 5,000 Total Liabilities $5,108 7,700 Tuohy Incorporated ther Corporation Cashoncash Assets Ratio Tochy Incorporated Cher Corporation 13 B 7 6 T . Y U O P G J K L Z. * V B NM
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