The following accounts come from the ledger of SnowGo Company at December 31, 2020. 101 Cash $7,000 112 Accounts Receivable $4,000 130 Prepaid Insurance $6,000 157 Equipment $88,000 200 Notes Payable (due in 3 months) $19,000 201 Accounts Payable $22,000 212 Salaries and Wages Payable $2,000 301 Owner's Capital $20,000 306 Owner's Drawings $8,000 400 Service Revenue $95,000 726 Salaries and Wages Expense $42,000 732 Utilities Expense $3,000. Required: Prepare a trial balance in good form.

The following accounts come from the ledger of SnowGo Company at December 31, 2020. 101 Cash $7,000 112 Accounts Receivable $4,000 130 Prepaid Insurance $6,000 157 Equipment $88,000 200 Notes Payable (due in 3 months) $19,000 201 Accounts Payable $22,000 212 Salaries and Wages Payable $2,000 301 Owner's Capital $20,000 306 Owner's Drawings $8,000 400 Service Revenue $95,000 726 Salaries and Wages Expense $42,000 732 Utilities Expense $3,000. Required: Prepare a trial balance in good form.

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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