Preparing a Trial Balance Listed below are the ledger accounts for Borges Inc. at December 31. All accounts have normal balances. Service Revenue $21,910 Dividends Declared $1,500 Cash 12,850 Salaries Expense 4,300 Accounts Payable 2,825 Equipment 11,785 Common Stock 15,000 Accounts Receivable 5,700 Rent Expense 2,400 Advertising Expense 1,200 Required: Prepare a trial balance for Borges at December 31. If an amount box does not require an entry, leave it blank. Borges Inc. Trial Balance December 31 Account Debit Credit $4

Preparing a Trial Balance Listed below are the ledger accounts for Borges Inc. at December 31. All accounts have normal balances. Service Revenue $21,910 Dividends Declared $1,500 Cash 12,850 Salaries Expense 4,300 Accounts Payable 2,825 Equipment 11,785 Common Stock 15,000 Accounts Receivable 5,700 Rent Expense 2,400 Advertising Expense 1,200 Required: Prepare a trial balance for Borges at December 31. If an amount box does not require an entry, leave it blank. Borges Inc. Trial Balance December 31 Account Debit Credit $4

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter3: The Double-entry Framework

Section: Chapter Questions

Problem 4CE: The following accounts have normal balances. Prepare a trial balance. Accounts Payable, 20; Accounts...

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