The accountant for Countryside Painting Specialists is having a hard time preparing the trial balance as of
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Prepare the corrected trial balance as of November 30, 2018. Assume all amounts are correct and all accounts have normal balances.
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COUNTRYSIDE PAINTING SPECIALISTS Trial Balance November 30, 2018 Balance Account Title Debit Credit $ 13,500 Painting Equipment Cash 12,100 Accounts Receivable 1,300 Advertising Expense 550 $ 3,500 Dividends Accounts Payable 3,300 Rent Expense 1,800 Common Stock 15,000 Service Revenue 15,600 Unearned Revenue 1,700 Salaries Expense 2,400 Office Supplies 200 Utilities Expense 250 $ 48,600 $ 22,600 Total
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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