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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text: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
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