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grin007 [14]
3 years ago
6

Ensemble Co.

Business
1 answer:
anastassius [24]3 years ago
4 0

Answer:

Ensemble Co.

UNADJUSTED TRIAL BALANCE

ACCOUNT TITLE                                               DEBIT                CREDIT

1 Cash                                                                42,900

2 Accounts Receivable                                   123,500

3 Prepaid insurance                                         27,000

4 Equipment                                                   300,000

5 Accounts Payable                                                                     52,000

6 Salaries Payable                                                                          4,800

7 Common Stock                                                                         40,000

8 Retained Earnings                                                                   137,200

9 Dividends                                                     5,000

10 Service Revenue                                                                 1,216,000

11 Salary Expense                                       660,000

12 Advertising Expense                              275,000

13 Miscellaneous Expense                                                         16,600

14 Totals                                                   1,466,600              1,466,600

Explanation:

A Trial Balance is used to check for mathematical accuracy. It is a list of Debits and Credit prepared from Ledger Account.

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