Trial Balance Account Title Debit Credit Cash 12400 Capital 115000 Equipment 55000 20000 30000 Supplies Prepaid Rent Service Revenue Accounts Receivable Accounts Payable Electricity Expense Electricity Payable Telephone Expenses Salaries Expense Drawings 39000 5000 5000 4000 4000 1600 15000 20000 163000 163000

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter14: Accounting For Uncollectible Accounts Receivable
Section14.1: Uncollectible Accounts Receivable
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Given the trial balance, Prepare the Income Statement, Balance Sheet and The Statement of Owner's Equity
Trial Balance
Account Title
Debit
Credit
Cash
12400
Capital
115000
Equipment
Supplies
Prepaid Rent
Service Revenue
Accounts Receivable
Accounts Payable
55000
20000
30000
39000
5000
5000
Electricity Expense
Electricity Payable
Telephone Expenses
Salaries Expense
Drawings
4000
4000
1600
15000
20000
163000
163000
Transcribed Image Text:Trial Balance Account Title Debit Credit Cash 12400 Capital 115000 Equipment Supplies Prepaid Rent Service Revenue Accounts Receivable Accounts Payable 55000 20000 30000 39000 5000 5000 Electricity Expense Electricity Payable Telephone Expenses Salaries Expense Drawings 4000 4000 1600 15000 20000 163000 163000
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