Trial Balance

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Purpose To store the trial balance data and provide mapping to the financial statement

Trial Balance

Account FS Label Balance

Checking Cash 14,221
Savings Cash 57,502
Money Market Cash 39,550
Prepaid Rent Prepaids 4,500
AR Accounts Receivabl 79,018
AR Allowance Accounts Receivabl -5,000
Machinery Fixed Assets 120,558
Equipment Fixed Assets 78,222
Automobiles Fixed Assets 65,981
AP Accounts Payable 57,003
Loans Payable Debt 20,000
Equity Equity 377,549
Financial Statement
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Balance Sheet

ASSETS
Cash 111,273
Prepaids 4,500
Accounts Receivable 74,018
Fixed Assets 264,761
Total Assets 454,552

LIABILITIES & EQUITY

Accounts Payable 57,003
Debt 20,000
Total Liabilities 77,003

Equity 377,549
Total Liabilities & Equity 454,552