Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 2019, follows:   Elite Realty UNADJUSTED TRIAL BALANCE March 31, 2019     ACCOUNT TITLE DEBIT CREDIT 1 Cash 25,800.00   2 Accounts Receivable 59,500.00   3 Prepaid Insurance 3,500.00   4 Office Supplies 2,200.00   5 Land     6 Accounts Payable   12,800.00 7 Unearned Rent     8 Notes Payable     9 Lester Wagner, Capital   46,000.00 10 Lester Wagner, Drawing 2,300.00   11 Fees Earned   236,300.00 12 Salary and Commission Expense 148,200.00   13 Rent Expense 28,000.00   14 Advertising Expense 16,800.00   15 Automobile Expense 5,100.00   16 Miscellaneous Expense 3,700.00   17 Totals 295,100.00 295,100.00       The following business transactions were completed by Elite Realty during April 2019. Enter the transactions through the 23rd on Page 18 of the two-column journal: Apr. 1 Paid rent on office for month, $6,500.   2 Purchased office supplies on account, $2,500.   5 Paid insurance premiums, $5,300.   10 Received cash from clients on account, $52,000.   15 Purchased land for a future building site for $204,000, paying $26,000 in cash and giving a note payable for the remainder.   17 Paid creditors on account, $5,800.   20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360.   23 Paid advertising expense, $4,350.   Enter the following transactions on Page 19 of the two-column journal: Apr. 27 Discovered an error in computing a commission; received cash from the salesperson for the overpayment, $2,600.   28 Paid automobile expense (including rental charges for an automobile), $1,800.   29 Paid miscellaneous expenses, $1,300.   30 Recorded revenue earned and billed to clients during the month, $57,000.   30 Paid salaries and commissions for the month, $11,200.   30 Withdrew cash for personal use, $4,000.   30 Rented land purchased on April 15 to local merchants association for use as a parking lot in May and June, during a street rebuilding program; received advance payment of $10,400.     Required: 1. Record the April 1, 2019, balance of each account in the appropriate balance column of a four-column account, type Balance in the item section, and select a check mark in the Posting Reference column. 2. Journalize the transactions for April in a two-column journal beginning on Page 18. Refer to the Chart of Accounts for exact wording of account titles. 3. Post to the ledger, extending the account balance to the appropriate balance column after each posting. Post in chronological order. For transactions occurring on the same day, post in the order presented in the instructions. Insert the appropriate posting references in both the journal and the ledger as each item is posted.

DETERMINE THE BALANCES OF THE FOLLOWING ACCOUNTS AS OF SEPTEMBER 30, 2017. (FORMAT ANSWERl: 1,000,000) Entity A began operation to provide credit collection services on September 2020. The Unadjusted Trial Balance as of September 30, 2020 is as shown below: Entity A Trial Balance September 30, 2020 Cash and Cash Equivalent 174,000 Accounts Receivable 96,200 Office Supplies 10,500 Prepaid Insurance 24,000 Equipment 300,000 Notes Payable 100,000 Accounts Payable 123,500 Unearned Service Income 50,000 A, Capital 200,000 A, Drawings 6,000 Service Income 176,200 Salaries Expense 12,000 Transportation Expense 13,000 Rent Expense 12,000 MIscellaneous Expenses 2,000 649,700 649,700 Additional Data 1. Unused supplies on September 30, 2020 is P7,500 2. The equipment was acquired on September 1, 2017 with useful life of 5 years and with estimated salvage value of P30,000 3. Interest on the notes payable is 18%. The note was issued on September 1, 2020. 4. The prepaid insurance is for the period…

Prepare a trial balance as of December 31, 2021.             Cash Account                  580.00   Interest Earned                   200.00   Cash in Bank Account            25,000.00   Inventory Account            20,000.00   Furniture Account               2,000.00   Building Account            10,000.00   Anil Account-debtors               1,000.00   Madhu Account-debtors               2,000.00   Capital Account            55,000.00   Babu's Loan Account            10,000.00   Purchase Account               8,800.00   Purchase Discount                  380.00   Bahrat Company-creditors               5,000.00   Fixtures Account               5,300.00   Interest on Loans Payable                  500.00   Sales Account               7,100.00   Bad Debts Account                  300.00   Salary Account               2,000.00   Drawings Account                  200.00         NOTE: Please put VAT as applicable if it requires percentage it's 5%

Prepare a trial balance at October 31, 2025. MONTY REAL ESTATE AGENCY Trial Balance A $ Debit $ $ Credit