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Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal January 31, 2023, trial balance. Wilm's Cash Accounts receivable Prepaid insurance Equipment Accounts payable Window Washing Services Trial Balance January 31, 2023 Wilm Schmidt, capital Wilm Schmidt, withdrawals Service revenues Salaries expense Insurance expense Maintenance expense Utilities expense Total Debit $ 12,300 9,940. 3,100 31,000 9,660 Credit $ 9,600 52,000 61,500 32,700 5,900 13,700 5,900 $124,200 $123,100

Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal January 31, 2023, trial balance. Wilm's Cash Accounts receivable Prepaid insurance Equipment Accounts payable Window Washing Services Trial Balance January 31, 2023 Wilm Schmidt, capital Wilm Schmidt, withdrawals Service revenues Salaries expense Insurance expense Maintenance expense Utilities expense Total Debit $ 12,300 9,940. 3,100 31,000 9,660 Credit $ 9,600 52,000 61,500 32,700 5,900 13,700 5,900 $124,200 $123,100

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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Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal c January 31, 2023, trial balance. Wilm's Window Washing Services Trial Balance January 31, 2023 Cash Accounts receivable Prepaid insurance. Equipment Accounts payable Wilm Schmidt, capital Wilm Schmidt, withdrawals Service revenues Salaries expense Insurance expense Maintenance expense Utilities expense. Total Debit $ 12,300 9,940. 3,100 31,000 9,668 Credit $ 9,600 52,000 61,500 32,700 5,900 13,700 5,900 $124,200 $123,100
Transcribed Image Text:Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal c January 31, 2023, trial balance. Wilm's Window Washing Services Trial Balance January 31, 2023 Cash Accounts receivable Prepaid insurance. Equipment Accounts payable Wilm Schmidt, capital Wilm Schmidt, withdrawals Service revenues Salaries expense Insurance expense Maintenance expense Utilities expense. Total Debit $ 12,300 9,940. 3,100 31,000 9,668 Credit $ 9,600 52,000 61,500 32,700 5,900 13,700 5,900 $124,200 $123,100
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