The ledger account balances for Galaxie 500 Company are listed below. Accounts Payable $ 6,000 Accounts Receivable 7,000 Cash 5,200 Owner's Capital 11,000 Owner's Drawings 4,000 Service Revenue 30,000 Salaries and Wages Expense 20,800 Unearned Service Revenue 2,000 Utilities Expense 12,000 Instructions Prepare a trial balance in proper form for Galaxie at December 31, 2014. TRIAL BALANCE DECEMBER 21, 2014 accounts title debit credit accounts payable 6000$ accounts receivable 7000$
The ledger account balances for Galaxie 500 Company are listed below. Accounts Payable $ 6,000 Accounts Receivable 7,000 Cash 5,200 Owner's Capital 11,000 Owner's Drawings 4,000 Service Revenue 30,000 Salaries and Wages Expense 20,800 Unearned Service Revenue 2,000 Utilities Expense 12,000 Instructions Prepare a trial balance in proper form for Galaxie at December 31, 2014. TRIAL BALANCE DECEMBER 21, 2014 accounts title debit credit accounts payable 6000$ accounts receivable 7000$
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 13SPA: SCHEDULE OF ACCOUNTS RECEIVABLE Based on the information provided in Problem 10-12A, prepare a...
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Question
![The ledger account balances for Galaxie 500
Company are listed below.
Accounts Payable
$ 6,000
Accounts Receivable
7,000
Cash
5,200
Owner's Capital
11,000
Owner's Drawings
4,000
Service Revenue
30,000
Salaries and Wages Expense
20,800
Unearned Service Revenue
2,000
Utilities Expense
12,000
Instructions
Prepare a trial balance in proper form for Galaxie at
December 31, 2014.
TRIAL BALANCE
DECEMBER 21, 2014
accounts title
debit
credit
accounts payable
6000$
accounts receivable 7000$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc2118575-ee65-4eda-889a-95729f0cfc7d%2F7a71252c-74da-47dc-9a6a-391395e84e1d%2Fsg9g23_processed.png&w=3840&q=75)
Transcribed Image Text:The ledger account balances for Galaxie 500
Company are listed below.
Accounts Payable
$ 6,000
Accounts Receivable
7,000
Cash
5,200
Owner's Capital
11,000
Owner's Drawings
4,000
Service Revenue
30,000
Salaries and Wages Expense
20,800
Unearned Service Revenue
2,000
Utilities Expense
12,000
Instructions
Prepare a trial balance in proper form for Galaxie at
December 31, 2014.
TRIAL BALANCE
DECEMBER 21, 2014
accounts title
debit
credit
accounts payable
6000$
accounts receivable 7000$
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