Trial Balance Napa Tours Co. is a travel agency. The nine transactions recorded

Question

Trial Balance Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 28,800(2) 2,000 (7) 11,500(3) 3,750 (4) 3,150 (6) 8,650 (9) 2,900 (3) 20,700 (9) 2,900 Accounts Receivable Accounts Payable Service Revenue (5) 15,550() 11,500 (6) 8,650(3) 16,950 (5) 15,550 Supplies Common Stock Operating Expenses (2) 2,000 (8) 1,150 (1) 28,800 (4) 3,150 (8) 1,150 a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Stockholders' equity, Revenues, and Expenses. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. Napa Tours Co. Unadjusted Trial Balance April 30, 2018

Explanation / Answer

Unadjusted Trail balance Particulars Debit Credit Cash 19850 (28800+11500-2000-3750-3150-8650-2900) Accounts Receivable 4050 Supplies 850 Equipment 20700 Accounts Payable 8300 Common Stock 28800 Dividends 2900 Service Revenue 15550 Operating Expenses 4300 Total 52650 52650

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