Question

In: Accounting

Prepare a trial balance for the Amaro Company at June 30,2017

From the Ledger balances given below,prepare a trial balance for the Amaro Company at June 30,2017.List the accounts in the order on page 58 of the text book.All account balances are normal

Accounts payable $8,100
Cash $5,800
Owner's Capital $15,000
Owner's Drawings $1,200
Equipment $17,000
Service Revenue $10,000
Accounts Receivable $3,000
Salaries & Wages Expense $5,100
Rent Expense $1,000

Solutions

Expert Solution

Amaro Company

Trial Balance

as on December 31,2017

Date Particulars Post Ref Debit$ Credit$
  Cash   5,800  
  Accounts Receivable   3,000  
  Equipment   17,000  
  Accounts payable     8,100
  Common stock     15,000
  Owner's Drawings   1,200  
  Service Revenue     10,000
  Salaries & Wages Expense   5,100  
  Rent Expense   1,000  
  Total   33,100 33,100

 


Total of trial balance is $33,100

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