Following is the alphabetized account information. Assume all accounts have normal balances. Accounts Payable Accounts Receivable $11,900 16,300 Administrative Expense 54,717 62,883 49,000 73,000 Cash Common Stock Service Revenue Prepare an unadjusted trial balance, in correct format. If an amount box does not require an entry, leave it blank. Unadjusted Trial Balance Debit 16,300 ✔ X Credit X
Following is the alphabetized account information. Assume all accounts have normal balances. Accounts Payable Accounts Receivable $11,900 16,300 Administrative Expense 54,717 62,883 49,000 73,000 Cash Common Stock Service Revenue Prepare an unadjusted trial balance, in correct format. If an amount box does not require an entry, leave it blank. Unadjusted Trial Balance Debit 16,300 ✔ X Credit X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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UNADJUSTED TRAIL BALANCE
An unadjusted trial balance help to checks whether the sum of all accounts with a debit balance equals the sum of all accounts with a credit balance
An unadjusted trial balance is a listing of all the accounts found in a general ledger. It is prepared at the end of the period before any adjusting entries are made. It is usually used as a starting point for analyzing account balances.
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