The transactions for Inspired Design, Inc., for the month of March 2016 are posted in the following T-accounts.

Requirements
1. Calculate account balances at March 31, 2016?
2. Prepare the trial balance for Inspired Design, Inc., at March 31, 2016?

Transcribed Image Text:

Service Revenue Cash 111 Equipment 7,900 115 411 65,000 Mar 2 7,000 400 Mar 1 1,100 7,900 100 675 425 725 Mar 6 17 7.000 1,900 Mar 4 Bal 4 23 Bal Accounte Payable 211 15 28 Salaries Expense 512 Mar 9 100 Mar 3 IBal 008 Mar 15 29 675 725 Bal 29 Common Stock 311 Bal Accounts Mar 1 ГВal 65,000 Receivable 112 Rent Expense 504 Mar 17 Bal 1,900 Mar 23 400 1,100 Mar 2 Bal Supplies 113 Utilities Expense 530 Mar 3 Bal 800 Mar 28 Bal 425