72+ pages prepare a trial balance as of april 30 1.8mb. This preview shows page 35 - 37 out of 44 pages. Trial Balance LINKWORKS Trial Balance April 30 Cash 106100 D Accounts Receivable 4800 D Office Supplies 4320 D Prepaid Insurance 6000 D Prepaid Rent 7200 D Office Equipment 48600 D Accounts Payable. At the end of the first month of operations. Read also trial and learn more manual guide in prepare a trial balance as of april 30 April 1 Tanner invested 110000 cash along with office equipment valued at 26400 in the company in exchange for common stock.
Preparing an unadjusted trial balance is the fourth step in the accounting cycle. The trial balance is a financial statement distributed to owners and investors.
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HintDebit Prepaid Rent for 7200.
The trial balance calculates net income for the period. Capital 7500000 Building 750000 Plant 1500000 Stock on 1st April 2018 1250000 Cash in Hand 2500 Cash at Bank 575000. 1 510 600 Apr. Trial Balance April 30 2017 Debit Credit 24 24 The T-accounts below summarize the ledger of Metlock Inc. School Chandler-Gilbert Community College. Tanner Withdrawals 78500 87700 37800 X 7200 1000 15440 8000 X 6000 6200 Utilities Expense 700 Total 225100 23440.
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View full document. The trial balance is an accounting tool providing a clear visual means of establishing that debits and credits and that the general ledger is in balance. Prepare an unadjusted trial balance as of April 30 for Jiro Nozomi new travel agency using the following information to journalize and post for the month a two-thirds or 133 of one months.
Here is all you need to know about prepare a trial balance as of april 30 Tanner Withdrawals 6200 Services revenue 16240 Utilities expense 700 Total 197200. Solution Correcting Errors in the Trial Balance. Prepare A Trial Balance As Of April 30. Financial accounting assignment help online video in 2020 financial accounting academic writing services financial strategies the accounting system is the series of tasks and records of an entity which transactions are processed as a means of maintaining fina in 2020 accounting system task accounts study khazana previous question papers lectures class journal on giveway in 2021 flix gift card flix gift flix free the small business accounting checklist infographic small business finance bookkeeg business small business accounting how to prepare a correct trial balance accounting principles LINKWORKS Trial Balance April 30 Debit Credit Cash 115300 Accounts receivable 4960 Office supplies 4640 Prepaid insurance 6000 Prepaid rent 7200 Office equipment 52200 Accounts payable 1160 K.