Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 43,600 (2) 3,050 (3) 31,400 (9) 4,400 (7) 17,450 (3) 5,650 (4) 4,800 (6) 13,100 (9) 4,400 Accounts Receivable Accounts Payable Service Revenue (5) 23,550 (7) 17,450 (6) 13,100 (3) 25,750 (5) 23,550 Supplies Common Stock Operating Expenses (2) 3,050 (8) 1,750 (1) 43,600 (4) 4,800 (8) 1,750 a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Stockholders’ equity, Revenues, and Expenses. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. Napa Tours Co. Unadjusted Trial Balance April 30, 2018 Debit Balances Credit Balances fill in the blank 1f8ca7f8700dfda_2 fill in the blank 1f8ca7f8700dfda_3 fill in the blank 1f8ca7f8700dfda_5 fill in the blank 1f8ca7f8700dfda_6 fill in the blank 1f8ca7f8700dfda_8 fill in the blank 1f8ca7f8700dfda_9 fill in the blank 1f8ca7f8700dfda_11 fill in the blank 1f8ca7f8700dfda_12 fill in the blank 1f8ca7f8700dfda_14 fill in the blank 1f8ca7f8700dfda_15 fill in the blank 1f8ca7f8700dfda_17 fill in the blank 1f8ca7f8700dfda_18 fill in the blank 1f8ca7f8700dfda_20 fill in the blank 1f8ca7f8700dfda_21 fill in the blank 1f8ca7f8700dfda_23 fill in the blank 1f8ca7f8700dfda_24 fill in the blank 1f8ca7f8700dfda_26 fill in the blank 1f8ca7f8700dfda_27 fill in the blank 1f8ca7f8700dfda_28 fill in the blank 1f8ca7f8700dfda_29 b. Based upon the unadjusted trial balance, determine the net income or net loss. $fill in the blank f7610407b04cfb1_2

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter3: The Double-entry Framework

Section: Chapter Questions

Problem 6SEB: TRANSACTION ANALYSIS George Atlas started a business on June 1,20--. Analyze the following...

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Trial Balance

Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts:

Cash		Equipment		Dividends
(1) 43,600	(2) 3,050		(3) 31,400		(9) 4,400
(7) 17,450	(3) 5,650
	(4) 4,800
	(6) 13,100
	(9) 4,400

Accounts Receivable		Accounts Payable		Service Revenue
(5) 23,550	(7) 17,450		(6) 13,100	(3) 25,750	(5) 23,550

Supplies		Common Stock	Operating Expenses
(2) 3,050	(8) 1,750		(1) 43,600	(4) 4,800
				(8) 1,750

a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Stockholders’ equity, Revenues, and Expenses. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank.

Napa Tours Co.
Unadjusted Trial Balance
April 30, 2018
	Debit Balances	Credit Balances
	fill in the blank 1f8ca7f8700dfda_2	fill in the blank 1f8ca7f8700dfda_3
	fill in the blank 1f8ca7f8700dfda_5	fill in the blank 1f8ca7f8700dfda_6
	fill in the blank 1f8ca7f8700dfda_8	fill in the blank 1f8ca7f8700dfda_9
	fill in the blank 1f8ca7f8700dfda_11	fill in the blank 1f8ca7f8700dfda_12
	fill in the blank 1f8ca7f8700dfda_14	fill in the blank 1f8ca7f8700dfda_15
	fill in the blank 1f8ca7f8700dfda_17	fill in the blank 1f8ca7f8700dfda_18
	fill in the blank 1f8ca7f8700dfda_20	fill in the blank 1f8ca7f8700dfda_21
	fill in the blank 1f8ca7f8700dfda_23	fill in the blank 1f8ca7f8700dfda_24
	fill in the blank 1f8ca7f8700dfda_26	fill in the blank 1f8ca7f8700dfda_27
	fill in the blank 1f8ca7f8700dfda_28	fill in the blank 1f8ca7f8700dfda_29