Following is the alphabetized account information. Assume all accounts have normal balances. Accounts Payable $11,200 Accounts Receivable 15,800 Administrative Expense 54,719 Cash 56,681 Common Stock 46,000 Service Revenue 70,000 Prepare an unadjusted trial balance, in correct format. If an amount box does not require an entry, leave it blank.

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
takeAss gment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
eBook
| Calculator
Print Item
Following is the alphabetized account information. Assume all accounts have normal balances.
Accounts Payable
$11,200
Accounts Receivable
15,800
Administrative Expense 54,719
Cash
56,681
Common Stock
46,000
Service Revenue
70,000
Prepare an unadjusted trial balance, in correct format. If an amount box does not require an entry, leave it blank.
Unadjusted Trial Balance
Debit
Credit
Accounts Payable
Accounts Receivable
Administrative Expense
Cash
Service Revenue
Common Stock
Check My Work
Transcribed Image Text:takeAss gment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook | Calculator Print Item Following is the alphabetized account information. Assume all accounts have normal balances. Accounts Payable $11,200 Accounts Receivable 15,800 Administrative Expense 54,719 Cash 56,681 Common Stock 46,000 Service Revenue 70,000 Prepare an unadjusted trial balance, in correct format. If an amount box does not require an entry, leave it blank. Unadjusted Trial Balance Debit Credit Accounts Payable Accounts Receivable Administrative Expense Cash Service Revenue Common Stock Check My Work
Expert Solution
Step 1

Unadjusted trial balance includes both temporary accounts and permanent accounts. All expenses, losses, and assets should be debited and all income, gain, and liabilities should be credited.

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Double entry bookkeeping system
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE 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