Question

Prepare a Trial Balance The following balances were taken from the general ledger of Howser Corporation as of December 31. All balances are normal
Cash 6000 Accounts receivable 10,800
Accounts payable 6000 Common stock 36000
Equipment 30000 Dividends 2400
Utilities expense 2,000 Administrative expense 8,000
Sales revenue 17,200
Prepare a trial balance Howser Corporation Trial Balanc Dec cember 31.

Answer 1

Answer:

                             Trial balance

Particulars                              Debit          Credit

Cash                                      $6,000

Account receivable              $10,800

Equipment                             $30,000

Account payable                                      $6,000

Common Stock                                         $36,000

Dividend                                $2,400

Sales revenue                                           $17,200

Administrative expense       $8,000

Utilities expense                   $2,000                  

Total                                      $59,200       $59,200