Using the following T-Accounts prepare an unadjusted trial balance as of Dec. 31

Q: Using the following T-Accounts prepare an unadjusted trial balance as of Dec. 31

The unadjusted trial balance is as follows: Name of account Debit Credit Cash 32650 Service Revenue 12100 Accounts receivable 1100 Unearned Revenue 1900 Salary expense 1400 Office Supplies 550 Magnus Capital 38000 Prepaid Insurance 1800 Magnus Withdrawal 2200 Truck 10000 Fuel Expense 200 Rent Expense 2100 Total 52000 52000

ID: 2329557 • Letter: U

Question

Using the following T-Accounts prepare an unadjusted trial balance as of Dec. 31, 2018.

Cash Accounts Payable Service Revenue Dec. 1 Dec. 12 Dec. 20 Dec. 22 Dec. 25 28,0001,800 Dec. 1 Dec. 30 200 200 Dec. 27 2,000 Dec. 12 3,000 Dec. 15 6,000 Dec. 20 1,100 Dec. 28 2,000 550 Dec. 4 6,000 1,400 Dec. 18 1,900 2,100 Dec. 29 200 Dec. 30 2,200 Dec. 31 0 Bal 3,000 Salaries Payable Bal 32,650 0 Bal 12,100 Bal Accounts Receivable Unearned Revenue Salaries Expense Dec. 15 Dec. 28 Bal 3,0003,000 Dec. 25 1,100 1,100 1,900 Dec. 22 Dec. 18 1,400 1,900 Bal Bal 1,400

Explanation / Answer

The unadjusted trial balance is as follows:

Name of account Debit Credit Cash 32650 Service Revenue 12100 Accounts receivable 1100 Unearned Revenue 1900 Salary expense 1400 Office Supplies 550 Magnus Capital 38000 Prepaid Insurance 1800 Magnus Withdrawal 2200 Truck 10000 Fuel Expense 200 Rent Expense 2100 Total 52000 52000

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Using the following T-Accounts prepare an unadjusted trial balance as of Dec. 31

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