Prepare a trial balance for Eldorado Corporation using the following Information. List accounts In proper order and assume accounts have normal balances. Cash $5,95e Dividends $ 5ee Salaries Payable Prepaid Rent Accounts Payable Retained Earnings Salaries Expense 7ee Rent Expense 1,85e 9ee Accounts Receivable 4,100 5,900 6,800 1,100 1,850 Common Stock 1,85e Service Revenue 2,780 Advertising Expense Trial Balance Accounts Debit Credit Cash Accounts Payable Prepaid Rent Rent Expense Common Stock Retained Earnings Dividends Accounts Receivable Salaries Payable Totals
Prepare a trial balance for Eldorado Corporation using the following Information. List accounts In proper order and assume accounts have normal balances. Cash $5,95e Dividends $ 5ee Salaries Payable Prepaid Rent Accounts Payable Retained Earnings Salaries Expense 7ee Rent Expense 1,85e 9ee Accounts Receivable 4,100 5,900 6,800 1,100 1,850 Common Stock 1,85e Service Revenue 2,780 Advertising Expense Trial Balance Accounts Debit Credit Cash Accounts Payable Prepaid Rent Rent Expense Common Stock Retained Earnings Dividends Accounts Receivable Salaries Payable Totals
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
please refer to the picture for the question, I would be appreciated if you can include an explanation. thank you so much!

Transcribed Image Text:Prepare a trial balance for Eldorado Corporation using the following Information. List accounts In proper order and assume accounts
have normal balances.
$ see
1,850
Cash
$5,950
Dividends
Salaries Payable
Prepaid Rent
Accounts Payable
Retained Earnings
Salaries Expense
700
Rent Expense
900
Accounts Receivable
4,100
5,900
6,800
1,100
1,850
Common Stock
1,85e
Service Revenue
2,700
Advertising Expense
Trial Balance
Accounts
Debit
Credit
Cash
Accounts Payable
Prepaid Rent
Rent Expense
Common Stock
Retained Earnings
Dividends
Accounts Receivable
Salaries Payable
Totals
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