Noor started her business on June 1, 2020. Noor Trial Balance August 31, 2020 SL Particulars 1 Cash Supplies Prepaid Insurance Debit Credit 55,600 2 16,300 3 16,000 4 Land 22,000 5 Cottages 5,000 6. Furniture 26,000 7 Account Payable 16,500 Unearned Rent 9 Mortgage Payable 10 Capital 8 10,400 10,000 70,000 11 Drawing 5,000 12 Rent Revenue 13 Repair Expense Salaries Expense 15 Utility Expense 57,000 3,600 14 5,000 9,400 TOTAL 163,900 163.900

Noor started her business on June 1, 2020. Noor Trial Balance August 31, 2020 SL Particulars 1 Cash Supplies Prepaid Insurance Debit Credit 55,600 2 16,300 3 16,000 4 Land 22,000 5 Cottages 5,000 6. Furniture 26,000 7 Account Payable 16,500 Unearned Rent 9 Mortgage Payable 10 Capital 8 10,400 10,000 70,000 11 Drawing 5,000 12 Rent Revenue 13 Repair Expense Salaries Expense 15 Utility Expense 57,000 3,600 14 5,000 9,400 TOTAL 163,900 163.900

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 2MCQ

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