Question

In: Accounting

Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--.

Prepare a trial balance for Kenny's Lawn Service as of September 30, 20--. List the accounts in the order of Assets, Liabilities, Owner's equity, Revenue, and Expenses. If an amount box does not require an entry, leave it blank.

The following accounts have normal balances.

Cash	$10,000
Accounts Receivable	6,000
Supplies	1,600
Prepaid Insurance	1,200
Delivery Equipment	16,000
Accounts Payable	4,000
Kenny Young, Capital	20,000
Kenny Young, Drawing	2,000
Delivery Fees	18,800
Wages Expense	4,200
Rent Expense	1,800

Expert Solution

Kenny's Lawn Service

Trail Balance

September 30,20--

Account Debit Balance$ Credit Balance$

Cash 10,000

Account Receivable 6,000

Supplies 1,600

Prepaid Insurance 1,200

Delivery Equipment 16,000

Accounts Payable 4,000

Kenny Young , Capital 20,000

Kenny Young , Drawing 2,000

Delivery Fees 18,800

Wages Expense 4,200

Rent Expense 1,800

Totals 42,800 42,800

Trial balance debit side total $42,800

Trial balance credit side total $42,800

balaji rao answered 3 years ago

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