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The ledger of Darlene Subay Advertising contained the following account balances as of June 30, 2021. Cash P 520,500 Accounts Receivable 35,420 Notes Receivable 16,800 Prepaid Insurance 35,600 Equipment 423,500 Accounts Payable 44,210 Loans Payable 310,000 Subay, Capital 668,100 Subay, Drawing 120,000 Advertising Revenues Salaries Expense 332,780 89,000 Marketing Expense 48,200 Rent Expense 15,800 Supplies Expense 22,000 Utilities Expense 17,990 Miscellaneous Expense 10,280

The ledger of Darlene Subay Advertising contained the following account balances as of June 30, 2021. Cash P 520,500 Accounts Receivable 35,420 Notes Receivable 16,800 Prepaid Insurance 35,600 Equipment 423,500 Accounts Payable 44,210 Loans Payable 310,000 Subay, Capital 668,100 Subay, Drawing 120,000 Advertising Revenues Salaries Expense 332,780 89,000 Marketing Expense 48,200 Rent Expense 15,800 Supplies Expense 22,000 Utilities Expense 17,990 Miscellaneous Expense 10,280

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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Prepare a Trial Balance as of June 30, 2021.
The ledger of Darlene Subay Advertising contained the following account balances as of June 30, 2021. Cash 520,500 Accounts Receivable 35,420 Notes Receivable 16,800 Prepaid Insurance 35,600 Equipment 423,500 Accounts Payable 44,210 Loans Payable 310,000 Subay, Capital 668,100 Subay, Drawing 120,000 Advertising Revenues 332,780 Salaries Expense 89,000 Marketing Expense 48,200 Rent Expense 15,800 Supplies Expense 22,000 Utilities Expense 17,990 Miscellaneous Expense 10,280
Transcribed Image Text:The ledger of Darlene Subay Advertising contained the following account balances as of June 30, 2021. Cash 520,500 Accounts Receivable 35,420 Notes Receivable 16,800 Prepaid Insurance 35,600 Equipment 423,500 Accounts Payable 44,210 Loans Payable 310,000 Subay, Capital 668,100 Subay, Drawing 120,000 Advertising Revenues 332,780 Salaries Expense 89,000 Marketing Expense 48,200 Rent Expense 15,800 Supplies Expense 22,000 Utilities Expense 17,990 Miscellaneous Expense 10,280
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