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Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 2018 Debit Balances Credit Balances...

Ensemble Co.
Unadjusted Trial Balance
For the Year Ending December 31, 2018
Debit Balances Credit Balances
Cash 42,900
Accounts Receivable 123,500
Prepaid Insurance 27,000
Equipment 300,000
Accounts Payable 52,000
Salaries Payable 4,800
Common Stock 40,000
Retained Earnings 137,200
Dividends 5,000
Service Revenue 1,216,000
Salary Expense 660,000
Advertising Expense 275,000
Miscellaneous Expense 16,600
1,801,500 1,801,500

How does grading work?

Ensemble Co.

UNADJUSTED TRIAL BALANCE

ACCOUNT TITLE DEBIT CREDIT

1

Cash

2

Accounts Receivable

3

Prepaid insurance

4

Equipment

5

Accounts Payable

6

Salaries Payable

7

Common Stock

8

Retained Earnings

9

Dividends

10

Service Revenue

11

Salary Expense

12

Advertising Expense

13

Miscellaneous Expense

14

Totals

Solutions

Expert Solution

Ensemble Co
Unadjusted Trial Balance
For the Year Ending December 31, 2018
Debit Credit
Cash $        42,900
Accounts receivable   $     123,500
Prepaid insurance $        27,000
Equipment $     300,000
Accounts payable $        52,000
Salaries payable $          4,800
Common stock $        40,000
Retained earnings $     137,200
Dividends $          5,000
Service revenue $ 1,216,000
Salary expense $     660,000
Advertising expense $     275,000
Miscellaneous expense $        16,600
Total $ 1,450,000 $ 1,450,000

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ekkarill92 answered 2 years ago
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