Scribd Logo
Upload

Welcome to Scribd!

  • Trial Balance

    Uploaded by

    Quỳnh'ss Đắc'ss
    3 views1 page
    This financial statement shows the assets, liabilities, and equity of a business as of a point in time. The assets include cash, accounts receivable, prepaid insurance, and equipment. The liabilities include accounts payable, unearned service revenue, and notes payable. Owner's capital and drawing are listed under equity.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This financial statement shows the assets, liabilities, and equity of a business as of a point in time. The assets include cash, accounts receivable, prepaid insurance, and equipment. The liabilities include accounts payable, unearned service revenue, and notes payable. Owner's capital and drawing are listed under equity.

    Copyright:

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

    Trial Balance

    Uploaded by

    Quỳnh'ss Đắc'ss
    This financial statement shows the assets, liabilities, and equity of a business as of a point in time. The assets include cash, accounts receivable, prepaid insurance, and equipment. The liabilities include accounts payable, unearned service revenue, and notes payable. Owner's capital and drawing are listed under equity.

    Copyright:

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

    Debit credit

    Cash 13000

    Account receivable 25000

    Prepaid insurance 2500

    Equipment 62000

    Account payable 16000

    Unearned service revenue 12000

    Notes payable 25000

    Owner's capital 40000

    Owner's drawing 1500

    Service revenue 40000

    Salary and wages expense 14000

    Utilities expense 5000

    Rent expense 10000

    Total 133000 133000

    You might also like