Delete Insert 41. The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have normal balances. Accounts payable $ 6,900 Insurance expense $ 1,120 Accounts receivable 36,400 Rent expense 1,700 Advertising expense 1,680 Salaries expense 10,800 Common stock 53,200 Service fees earned 38,300 Dividends 5,400 Supplies expense 960 Cash 17,000 Supplies inventory 3,120 Equipment 19,080 Utilities expense 1,140 Prepare a trial balance at January 31, 2019, from the given data.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Delete
Insert
41. The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice
Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have
normal balances.
Accounts payable
$ 6,900
Insurance expense
$ 1,120
Accounts receivable
36,400
Rent expense
1,700
Advertising expense
1,680
Salaries expense
10,800
Common stock
53,200
Service fees earned
38,300
Dividends
5,400
Supplies expense
960
Cash
17,000
Supplies inventory
3,120
Equipment
19,080
Utilities expense
1,140
Prepare a trial balance at January 31, 2019, from the given data.
Transcribed Image Text:Delete Insert 41. The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have normal balances. Accounts payable $ 6,900 Insurance expense $ 1,120 Accounts receivable 36,400 Rent expense 1,700 Advertising expense 1,680 Salaries expense 10,800 Common stock 53,200 Service fees earned 38,300 Dividends 5,400 Supplies expense 960 Cash 17,000 Supplies inventory 3,120 Equipment 19,080 Utilities expense 1,140 Prepare a trial balance at January 31, 2019, from the given data.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education