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Read: From the Ledger balances below, listed in alphabetical order, Prepare a Trial Balance for Inutz, Inc. at June 30, 2020. All accounts have a normal debit or credit balance. $ 400 Income tax expense Rent expense Retained earnings $3,000 Accounts payable Accounts receivable 4,000 1,000 3,600 12,650 Accumulated depreciation -equipment Cash 4,400 Salaries expense 4,000 Common shares 10,000 Service revenue 7,600 Trading investments Unearned revenue Dividends 200 6,000 Equipment 17,000 150

Read: From the Ledger balances below, listed in alphabetical order, Prepare a Trial Balance for Inutz, Inc. at June 30, 2020. All accounts have a normal debit or credit balance. $ 400 Income tax expense Rent expense Retained earnings $3,000 Accounts payable Accounts receivable 4,000 1,000 3,600 12,650 Accumulated depreciation -equipment Cash 4,400 Salaries expense 4,000 Common shares 10,000 Service revenue 7,600 Trading investments Unearned revenue Dividends 200 6,000 Equipment 17,000 150

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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Read: From the Ledger balances below, listed in alphabetical order, Prepare a Trial Balance for Inutz, Inc. at June 30, 2020. All accounts have a normal debit or credit balance. $ 3,000 Income tax expense 400 Accounts payable Accounts receivable 1,000 Rent expense Retained earnings 4,000 3,600 12,650 Accumulated depreciation -equipment Cash 4,400 Salaries expense 4,000 Service revenue 7,600 Common shares Dividends 10,000 Trading investments Unearned revenue 200 6,000 Equipment 17,000 150
Transcribed Image Text:Read: From the Ledger balances below, listed in alphabetical order, Prepare a Trial Balance for Inutz, Inc. at June 30, 2020. All accounts have a normal debit or credit balance. $ 3,000 Income tax expense 400 Accounts payable Accounts receivable 1,000 Rent expense Retained earnings 4,000 3,600 12,650 Accumulated depreciation -equipment Cash 4,400 Salaries expense 4,000 Service revenue 7,600 Common shares Dividends 10,000 Trading investments Unearned revenue 200 6,000 Equipment 17,000 150
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