Question: 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

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

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

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

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 al 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

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