Chapter 2, Problem 2.34BE

(Learning Objective 5: Construct and use a trial balance) The accounts of Specialty Deck Service, Inc., follow with their normal balances at April 30, 2018. The accounts are listed in no particular order.

Account	Balance	Account	Balance
Dividends..........................	$ 3,100	Common stock..................	$ 16,200
Utilities expense................	2,300	Accounts payable..............	4,300
Accounts receivable...........	5,300	Service revenue..................	20,500
Delivery expense...............	700	Equipment.........................	30,800
Retained earnings..............	7,800	Note payable.....................	21,000
Salary expense...................	8,400	Cash..................................	19,200

Requirements

1. 1. Prepare the company’s trial balance at April 30, 2018, listing accounts in proper sequence as illustrated in the chapter. For example, Accounts Receivable comes before Equipment. List the expense with the largest balance first, the expense with the next largest balance second, and so on.
2. 2. Prepare the financial statement for the month ended April 30, 2018, which will show the company the results of operations for the month.