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The accounts in the ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. $ 42,770 Accounts Payable Notes Payable Prepaid Insurance Rent Expense Supplies Supplies Expense 50,000 Accounts Receivable 116,900 21,600 Cash ? 48,000 Elaine Wells, Capital Elaine Wells, Drawing 75,000 4,275 24,000 6,255 Fees Earned Unearned Rent 745,230 12,000 Utilities Expense Wages Expense Insurance Expense 3,600 26,850 Land 50,000 580,700 Miscellaneous Expense 9,500 Prepare an unadjusted trial balance, listing the accounts in their normal order and insert- ing the missing figure for cash

The accounts in the ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. $ 42,770 Accounts Payable Notes Payable Prepaid Insurance Rent Expense Supplies Supplies Expense 50,000 Accounts Receivable 116,900 21,600 Cash ? 48,000 Elaine Wells, Capital Elaine Wells, Drawing 75,000 4,275 24,000 6,255 Fees Earned Unearned Rent 745,230 12,000 Utilities Expense Wages Expense Insurance Expense 3,600 26,850 Land 50,000 580,700 Miscellaneous Expense 9,500 Prepare an unadjusted trial balance, listing the accounts in their normal order and insert- ing the missing figure for cash

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 16P
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The accounts in the ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. $ 42,770 Accounts Payable Notes Payable Prepaid Insurance Rent Expense Supplies Supplies Expense 50,000 Accounts Receivable 116,900 21,600 Cash ? 48,000 Elaine Wells, Capital Elaine Wells, Drawing 75,000 4,275 24,000 6,255 Fees Earned Unearned Rent 745,230 12,000 Utilities Expense Wages Expense Insurance Expense 3,600 26,850 Land 50,000 580,700 Miscellaneous Expense 9,500 Prepare an unadjusted trial balance, listing the accounts in their normal order and insert- ing the missing figure for cash
Transcribed Image Text:The accounts in the ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. $ 42,770 Accounts Payable Notes Payable Prepaid Insurance Rent Expense Supplies Supplies Expense 50,000 Accounts Receivable 116,900 21,600 Cash ? 48,000 Elaine Wells, Capital Elaine Wells, Drawing 75,000 4,275 24,000 6,255 Fees Earned Unearned Rent 745,230 12,000 Utilities Expense Wages Expense Insurance Expense 3,600 26,850 Land 50,000 580,700 Miscellaneous Expense 9,500 Prepare an unadjusted trial balance, listing the accounts in their normal order and insert- ing the missing figure for cash
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