Need to create a trial balance with the following information ( can\'t get it to

Question

Need to create a trial balance with the following information ( can't get it to balance)
All transactions in one month
1. Owner buys all stock for $9,000
2. Owner gives $1200 in equipment for equal value of stock.....deprec=$25/mo
3. Company borrows $900 for two years with 8% interest...accrued interest =$6./mo 4.Comapnay buys $600 equipment...deprec=$5/mo
5. Various customers have work performed on account for $3375
6. Customers pay $1000 of whats owed on A/R
7. Comapny pays rent of $350
8. Company pays salaries of $1200

need month end trial balance

Explanation / Answer

1. Treasury stock 9000 debit cash 9000 credit 2. Equipment 1200debit Common stock 1200credit Dereciat exp 25debit Accumulated deprecit 25credit 3. cash 900debit accoint payable 900credit interest expence (900*8) 72debit Interest payable 72credit Interest Payable 6debit Cash6credit 4. Equipment 600 debit cash 600 credit depreciat expence 25 debit accum deprec 25 credit 5. Account receiv 3375 debit revenue 3375 credit 6. cash 1000 debit accounts receiv 1000 credit 7. rent expance 350 debit cash 350 credit 8. salary expense 1200debit cash 1200credit

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