BACK Exercise 258 The ledger accounts of the Get Fit Gym at July 31, 2014 are sh

ID: 2414870 • Letter: B

Question

BACK Exercise 258 The ledger accounts of the Get Fit Gym at July 31, 2014 are shown below: Accounts Payable Accounts Receivable Buildings Common Stock Cash Equipment Notes Payable Supplies Dividends s12,100 1,050 S5,400 65,100 9,000 45,900 45,000 350 10,500 Prepare a trial balance with the ledger accounts arranged in the proper financial statement order. Include the appropriate heading. GET FIT GYM Trial Balance July 31, 2014 LEST OF AECOUNTS Question Attempts: O of i used SAVE FOR LAT SUBMIY ANSWER Copyngrt © 2000-2016 by John Wiley S Sona, De. or related companies. A" ngits reserved.

Explanation / Answer

GETFIT GYM

Trial Balance

July 31 2014

Debit

Credit

Assets:

Buildings

$55400

Equipment

$45900

Cash

$9000

Accounts Receivables

$1050

Liabilities:

Accounts Payable

$12100

Notes Payable

$45000

Equity:

Common Stock

$65100

Expenses:

Supplies

$350

Dividends

$10500

Total

$122200