Using the following information, prepare a trial balance. Assume all asset, dividend, and expense accounts have debit balances and all liability, stockholders’ equity, and revenue accounts have credit balances. List the accounts in the following order: assets, liabilities, stockholders’ equity, dividends, revenues, and expenses.Cash $6,100 Dividends $ 500Salaries Payable 700 Rent Expense 2,000Prepaid Rent 900 Accounts Receivable 4,400Accounts Payable 2,000 Common Stock 6,200Retained Earnings 2,000 Service Revenue 7,100Salaries Expense 3,000 Advertising Expense 1,100
Using the following information, prepare a
Cash $6,100 Dividends $ 500
Salaries Payable 700 Rent Expense 2,000
Prepaid Rent 900
Accounts Payable 2,000 Common Stock 6,200
Retained Earnings 2,000 Service Revenue 7,100
Salaries Expense 3,000 Advertising Expense 1,100
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