The accounts in the ledger of Leaf Co. as of December 31, 2014, are listed in alphabetical
Question:
The accounts in the ledger of Leaf Co. as of December 31, 2014, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
Prepare an unadjusted trial balance, listing the accounts in their normal order and inserting the missing figure forcash.
Accounts Payable Accounts Receivable Capital Stock Cash Dividends Fees Earned Insurance Expense 23,500 Notes Payable 38,100 Prepaid Insurance 8,000 Rent Expense 50,000 6,400 36,000 ? Retained Earnings 42,000 3,200 9,000 13,500 18,000 2,000 Wages Expense 476,800 16,000 Supplies 538,000 Supplies Expense 6,000 Unearned Rent 40,000 Utilities Expense Miscellaneous Expense
Step by Step Answer:
LEAF CO Unadjusted Trial Balance December 31 2014 Debi...View the full answer
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Related Video
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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