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From the Following Alphabetical List of Account Balances,all of Which

Question 194

Essay

From the following alphabetical list of account balances,all of which are normal,for Kasper Corporation on July 31,2010,prepare a trial balance in proper form (the amount of Dividends must be computed).
 Accounts Payable $500 Accounts Receivable 200 Cash 80 Common Stock 90 Dividends ? Equipment 700 Prepaid Advertising 20 Retained Earnings 60 Revenue Earned 400 Wages Expense 70 Wages Pavable 50\begin{array}{lr}\text { Accounts Payable } & \$ 500 \\\text { Accounts Receivable } & 200 \\\text { Cash } & 80 \\\text { Common Stock } & 90 \\\text { Dividends }&?\\\text { Equipment } & 700 \\\text { Prepaid Advertising } & 20 \\\text { Retained Earnings } & 60 \\\text { Revenue Earned } & 400 \\\text { Wages Expense } & 70 \\\text { Wages Pavable } & 50\end{array}

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