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  • Trial Balance

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    Daniyal Shahbaz
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    This trial balance document provides account balances for Snow Go as of October 19, 2019. It lists account titles in the left column with corresponding debit or credit balances in the right two columns. Major assets include cash, accounts receivable, prepaid insurance and equipment. Major liabilities include notes payable and accounts payable. Owner's capital and drawing are also included. Total debits equal $158,000 and total credits equal $156,000.

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    Trial_Balance.xls

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    This trial balance document provides account balances for Snow Go as of October 19, 2019. It lists account titles in the left column with corresponding debit or credit balances in the right two columns. Major assets include cash, accounts receivable, prepaid insurance and equipment. Major liabilities include notes payable and accounts payable. Owner's capital and drawing are also included. Total debits equal $158,000 and total credits equal $156,000.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views1 page

    Trial Balance

    Uploaded by

    Daniyal Shahbaz
    This trial balance document provides account balances for Snow Go as of October 19, 2019. It lists account titles in the left column with corresponding debit or credit balances in the right two columns. Major assets include cash, accounts receivable, prepaid insurance and equipment. Major liabilities include notes payable and accounts payable. Owner's capital and drawing are also included. Total debits equal $158,000 and total credits equal $156,000.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Sheet1

    Snow Go
    Trial Balance
    10/19/19
    Code no. Account Title Debit Credit
    101 Cash $7,000.00
    112 Account receivable 4000
    130 Prepaid insurance 6000
    157 Equipment 88000
    200 Notes Payable $19,000.00
    201 Accounts Payable 22000
    301 Owner’s Capital 20000
    306 Owner’s Drawing 8000
    400 Service Revenue 95000
    Salaries and Wages Expense 42000
    Utility Expense 3000
    TOTAL 158000 156000

    Page 1

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