Trial Balance The accounts in the ledger of Seaside Furniture Company as of August 20YS are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
Trial Balance The accounts in the ledger of Seaside Furniture Company as of August 20YS are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Trial Balance
The accounts in the ledger of Seaside Furniture Company as of August 20Y5 are listed in alphabetical order as follows. All accounts
have normal balances. The balance of the cash account has been intentionally omitted.
Accounts Payable
$32,550
Accounts Receivable
65,100
Cash
Common Stock
122,050
Dividends
35,000
Fees Earned
542,600
Insurance Expense
10,300
Land
148,650
Miscellaneous Expense
15,200
Notes Payable
71,000
Prepaid Insurance
4,900
Rent Expense
103,100
Retained Earnings
29,900
Supplies
3,250
Supplies Expense
13,550
Unearned Rent
15,700
Utilities Expense
72,700
303,850
Wages Expense
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