Delete Insert 41. The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have normal balances. Accounts payable $ 6,900 Insurance expense $ 1,120 Accounts receivable 36,400 Rent expense 1,700 Advertising expense 1,680 Salaries expense 10,800 Common stock 53,200 Service fees earned 38,300 Dividends 5,400 Supplies expense 960 Cash 17,000 Supplies inventory 3,120 Equipment 19,080 Utilities expense 1,140 Prepare a trial balance at January 31, 2019, from the given data.
Delete Insert 41. The following accounts, in alphabetical order, are from the general ledger of Oma Bean's Advice Service, Inc. at January 31, 2019. The firm's accounting year began on January 1. All accounts have normal balances. Accounts payable $ 6,900 Insurance expense $ 1,120 Accounts receivable 36,400 Rent expense 1,700 Advertising expense 1,680 Salaries expense 10,800 Common stock 53,200 Service fees earned 38,300 Dividends 5,400 Supplies expense 960 Cash 17,000 Supplies inventory 3,120 Equipment 19,080 Utilities expense 1,140 Prepare a trial balance at January 31, 2019, from the given data.
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 3EA: For each of the following accounts, identify whether it would be closed at year-end (yes or no) and...
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