Solved

Prepare a Trial Balance, Listing the Following Accounts in Proper

Question 215

Essay

Prepare a trial balance, listing the following accounts in proper sequence. The accounts all normal balances) were taken from the ledger of Sophie Designs Co. on April 30.

 Accounts Payable $4,100 Rent Expense $11,500 Accounts Receivable 3,450 Salary Expense 14,000 Cash 6,700 Fees Earned 45,425 Common Stock 17,800 Supplies 3,125 Dividends 7,500 Supplies Expense 1,700 Equipment 14,500 Utilities Expense 4,000 Miscellaneous Expense 850\begin{array} { l r l r } \text { Accounts Payable } & \$ 4,100 & \text { Rent Expense } & \$ 11,500 \\\text { Accounts Receivable } & 3,450 & \text { Salary Expense } & 14,000 \\\text { Cash } & 6,700 & \text { Fees Earned } & 45,425 \\\text { Common Stock } & 17,800 & \text { Supplies } & 3,125 \\\text { Dividends } & 7,500 & \text { Supplies Expense } & 1,700 \\\text { Equipment } & 14,500 & \text { Utilities Expense } & 4,000 \\\text { Miscellaneous Expense } & 850 & &\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents