Using the information in the T-accounts below, prepare an unadjusted trial balance for T-Ball, Inc.:

Cash Notes Payable Common Stock
(a) 50,000
(b) 30,000

(e) 60,000

40,000 (c)

20,000 (f) 30,000(b) 50,000 (a)

Accounts receivable
(d) 10,000
60,000(e)

Computer
(c)40,000

Service revenue
100,000(d)

Salary Expense
(f) 20,000

T-Ball, Inc.
Unadjusted Trial Balance
December 31, 2011
Debit Credit

Totals

T-Ball, Inc.
Unadjusted Trial Balance
December 31, 2011
Debit Credit
Cash $ 80,000
Accounts receivable 40,000
Computer 40,000
Notes Payable $ 30,000
Common stock 50,000
Service revenue 100,000
Salary expense 20,000
Totals $ 180,000 $ 180,000

Business

You might also like to view...

What is query optimization?

What will be an ideal response?

Business

The ________ method is used to estimate the amount of cost of goods sold and then ending inventory

a. net sales b. net profit c. gross profit d. net purchase

Business