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Prepare a properly-formatted Trial Balance for Iglesias Industries for the month ending the last day of September, 2020, utilizing the following accounts, all of which have "normal balances, i.e. on the side (debit or credit) that you would expect: Accounts Payable $10,000 Accounts Receivable $20,000 Advertising Expense $3,000 Cash $10,000 Equipment $25,000 Fuel Expense $5,000 Iglesias Industries, Capital $30,000 Iglesias Industries, Drawing $5,000 Land $25,000 Trucking Revenue $50,000 Utilities Frnense

Prepare a properly-formatted Trial Balance for Iglesias Industries for the month ending the last day of September, 2020, utilizing the following accounts, all of which have "normal balances, i.e. on the side (debit or credit) that you would expect: Accounts Payable $10,000 Accounts Receivable $20,000 Advertising Expense $3,000 Cash $10,000 Equipment $25,000 Fuel Expense $5,000 Iglesias Industries, Capital $30,000 Iglesias Industries, Drawing $5,000 Land $25,000 Trucking Revenue $50,000 Utilities Frnense

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Prepare a properly-formatted Trial Balance for Iglesias Industries for the month ending the last day of September, 2020, utilizing the following accounts, all of which have "normal balances, i.e. on the side (debit or credit) that you would expect: Accounts Payable $10,000 Accounts Receivable $20,000 Advertising Expense $3,000 Cash $10,000 Equipment $25,000 Fuel Expense $5,000 Iglesias Industries, Capital $30,000 Iglesias Industries, Drawing $5,000 Land $25,000 Trucking Revenue $50,000 Utilities Frnense
Transcribed Image Text:Prepare a properly-formatted Trial Balance for Iglesias Industries for the month ending the last day of September, 2020, utilizing the following accounts, all of which have "normal balances, i.e. on the side (debit or credit) that you would expect: Accounts Payable $10,000 Accounts Receivable $20,000 Advertising Expense $3,000 Cash $10,000 Equipment $25,000 Fuel Expense $5,000 Iglesias Industries, Capital $30,000 Iglesias Industries, Drawing $5,000 Land $25,000 Trucking Revenue $50,000 Utilities Frnense
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