Show Me How Trial Balance National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts: Cash   Equipment   Beth Worley, Drawing (1) 75,000 (2) 900   (3) 8,000     (9) 2,500   (7) 8,150 (3) 1,600               (4) 6,280               (6) 2,700               (9) 2,500             Accounts Receivable   Accounts Payable   Fees Earned (5) 12,300 (7) 8,150   (6) 2,700 (3) 6,400     (5) 12,300                 Supplies   Beth Worley, Capital   Operating Expenses (2) 900 (8) 660     (1) 75,000   (4) 6,280               (8) 660     a.  Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. National Park Tours Co. Unadjusted Trial Balance May 31, 2019   Debit Balances Credit Balances   fill in the blank 4f9f210affd4062_2 fill in the blank 4f9f210affd4062_3   fill in the blank 4f9f210affd4062_5 fill in the blank 4f9f210affd4062_6   fill in the blank 4f9f210affd4062_8 fill in the blank 4f9f210affd4062_9   fill in the blank 4f9f210affd4062_11 fill in the blank 4f9f210affd4062_12   fill in the blank 4f9f210affd4062_14 fill in the blank 4f9f210affd4062_15   fill in the blank 4f9f210affd4062_17 fill in the blank 4f9f210affd4062_18   fill in the blank 4f9f210affd4062_20 fill in the blank 4f9f210affd4062_21   fill in the blank 4f9f210affd4062_23 fill in the blank 4f9f210affd4062_24   fill in the blank 4f9f210affd4062_26 fill in the blank 4f9f210affd4062_27   fill in the blank 4f9f210affd4062_28 fill in the blank 4f9f210affd4062_29 b.  Based upon the unadjusted trial balance, determine the net income or net loss.    $fill in the blank 7437dff9afdc00c_2

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
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Trial Balance

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts:

Cash   Equipment   Beth Worley, Drawing
(1) 75,000 (2) 900   (3) 8,000     (9) 2,500  
(7) 8,150 (3) 1,600            
  (4) 6,280            
  (6) 2,700            
  (9) 2,500            


Accounts Receivable   Accounts Payable   Fees Earned
(5) 12,300 (7) 8,150   (6) 2,700 (3) 6,400     (5) 12,300
               


Supplies   Beth Worley, Capital   Operating Expenses
(2) 900 (8) 660     (1) 75,000   (4) 6,280  
            (8) 660  

 

a.  Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank.

National Park Tours Co.
Unadjusted Trial Balance
May 31, 2019
  Debit
Balances
Credit
Balances
  fill in the blank 4f9f210affd4062_2 fill in the blank 4f9f210affd4062_3
  fill in the blank 4f9f210affd4062_5 fill in the blank 4f9f210affd4062_6
  fill in the blank 4f9f210affd4062_8 fill in the blank 4f9f210affd4062_9
  fill in the blank 4f9f210affd4062_11 fill in the blank 4f9f210affd4062_12
  fill in the blank 4f9f210affd4062_14 fill in the blank 4f9f210affd4062_15
  fill in the blank 4f9f210affd4062_17 fill in the blank 4f9f210affd4062_18
  fill in the blank 4f9f210affd4062_20 fill in the blank 4f9f210affd4062_21
  fill in the blank 4f9f210affd4062_23 fill in the blank 4f9f210affd4062_24
  fill in the blank 4f9f210affd4062_26 fill in the blank 4f9f210affd4062_27
  fill in the blank 4f9f210affd4062_28 fill in the blank 4f9f210affd4062_29

b.  Based upon the unadjusted trial balance, determine the net income or net loss.
   $fill in the blank 7437dff9afdc00c_2

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