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3 years ago

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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