eAssignment/takeAssignment Main.doTeoker assignments@itabeAssignmentSessionlocat

Question

eAssignment/takeAssignment Main.doTeoker assignments@itabeAssignmentSessionlocatorsassignment-t Rolt Sewing Services, owned by T. Nguyen, hired a new bookkeeper who is not entirely famililar with the process of preparing a accounts have normal balances. Rolt Sewing Services Trial Balance December 31, 20- DebitCredit 11,000 Accounts Receivable Cash Accounts Payable Equipment T. Nguven, Capital T. Nguyen, Drawing Prepaid Insurance Income from Services Wages Expense 3,100 8,100 22,000 20,000 1,400 32.400 11,000 4,200 1,500 Utilities Expense 5,100 270078,30

Explanation / Answer

Debit Credit Cash 3100 Accounts Receivable 11000 Supplies 1500 Prepaid insurance 1200 Equipment 22000 Accounts Payable 8100 T Nguyen, Capital 20000 T Nguyen, Drawing 1400 Income from services 32400 Wages expense 11000 Rent expense 4200 Utilities expense 5100 60500 60500

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