In: Accounting
Trial Balance
1. 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 |
1. 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.
Kenny's Lawn Service | ||
Trial Balance | ||
September 30, 20-- | ||
Account | Debit Balance | Credit Balance |