If an account has a debit balance, enter that balance in the YTD Debit column and leave the relevant YTD Credit column blank. You are not required to use commas to separate thousands or to enter dollar ($) signs. Any commas or dollar signs entered into input boxes will be removed by the practice set website. Trial Balance December 2020 Account # Account YTD Debit ($) YTD Credit ($) 1-1110 Cheque Account 77,839 1-1180 Undeposited Funds 0 1-1190 Electronic Clearing Account 0 1-1200 Accounts Receivable 39,017
If an account has a debit balance, enter that balance in the YTD Debit column and leave the relevant YTD Credit column blank. You are not required to use commas to separate thousands or to enter dollar ($) signs. Any commas or dollar signs entered into input boxes will be removed by the practice set website. Trial Balance December 2020 Account # Account YTD Debit ($) YTD Credit ($) 1-1110 Cheque Account 77,839 1-1180 Undeposited Funds 0 1-1190 Electronic Clearing Account 0 1-1200 Accounts Receivable 39,017
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
If an account has a debit balance, enter that balance in the YTD Debit column and leave the relevant YTD Credit column blank. You are not required to use commas to separate thousands or to enter dollar ($) signs. Any commas or dollar signs entered into input boxes will be removed by the practice set website.
Trial Balance
December 2020
| Account # | Account | YTD Debit ($) | YTD Credit ($) | |
| 1-1110 | Cheque Account | 77,839 | ||
| 1-1180 | Undeposited Funds | 0 | ||
| 1-1190 | Electronic Clearing Account | 0 | ||
| 1-1200 | 39,017 | |||
| Transcribe the two highlighted figures ... |
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