Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash Office supplies Prepaid insurance Office equipment Accounts payable Common stock Dividends Services revenue Rent expense $ 37,600 890 4,600 12,900 12,900 18,000 3,370 36,000 7,540 quired: Prepare a trial balance for this business as of the end of May.
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash Office supplies Prepaid insurance Office equipment Accounts payable Common stock Dividends Services revenue Rent expense $ 37,600 890 4,600 12,900 12,900 18,000 3,370 36,000 7,540 quired: Prepare a trial balance for this business as of the end of May.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M Question 5 - HOMEWORK CHAPTER 2 - Connect
C 1. Post The Journal Entries From Part 11
HAPTER 2 1
Saved
Required information
[The following information applies to the questions displayed below.]
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May,
which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following
accounts with normal balances.
Cash
Office supplies
Prepaid insurance
Office equipment
Accounts payable
Common stock
Dividends
Services revenue
Rent expense
$ 37,600
890
4,600
12,900
12,900
18.000
3,370
36, 000
7,540
Required:
1. Prepare a trial balance for this business as of the end of May.
MIN ENGINEERING
Trial Balance
May 31
Debit
Credit
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Transcribed Image Text:A ezto.mheducation.com
M Question 5 - HOMEWORK CHAPTER 2 - Connect
C 1. Post The Journal Entries From Part 11
HAPTER 2 1
Saved
Required information
[The following information applies to the questions displayed below.]
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May,
which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following
accounts with normal balances.
Cash
Office supplies
Prepaid insurance
Office equipment
Accounts payable
Common stock
Dividends
Services revenue
Rent expense
$ 37,600
890
4,600
12,900
12,900
18.000
3,370
36, 000
7,540
Required:
1. Prepare a trial balance for this business as of the end of May.
MIN ENGINEERING
Trial Balance
May 31
Debit
Credit
< Prev
5.
6.
of 7
Next >
MacBook Air
吕0
F2
F3
F4
F5
DII
DD
F7
F8
F9
F10
23
24
&
*
4
6.
7
8.
Transcribed Image Text:Services revenue
Rent expense
36,000
7,540
Required:
1. Prepare a trial balance for this business as of the end of Ma
MIN ENGINEERING
Trial Balance
May 31
Debit
Credit
es
Totals
( Prev
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