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The adjusted trial balance of CHO company appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, a statement of financial position

The adjusted trial balance of CHO company appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, a statement of financial position.

CHO company

Adjusted Trial Balance

December 31, 2018

                                                                                                                    Debit         Credit

Cash .................................................................................................. SAR 4,400

Accounts Receivable.........................................................................          2,200

Office Supplies..................................................................................          1,800

Office Equipment..............................................................................        15,000

Accumulated Depreciation—Office Equipment...............................                        SAR 4,000

Accounts Payable..............................................................................                       3,800

Unearned Revenue............................................................................                       5,000

Share Capital–Ordinary.....................................................................                     10,000

Retained Earnings..............................................................................                       4,400

Dividends .........................................................................................          2,500

Service Revenue................................................................................                       3,700

Office Supplies Expense...................................................................             600

Depreciation Expense........................................................................          2,500

Rent Expense.....................................................................................          1,900 ______

                                                                                                                      30,900             30,900

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ekkarill92 answered 1 year ago
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