S28 similar to Click the icon to view Littleson Floor Coveri

S2-8 (similar to (Click the icon to view Littleson Floor Coverings accounts.) Trial Balance Debit

Solution

Trial Balance Balances Account Title Debit Credit Service Revenue $        25,000 Equipment $        42,000 rent Expenses $        18,000 Common stock $        18,000 Accounts payable $          1,300 Dividends $          4,200 Salaries Payable $        24,000 Salaries expense $          2,200 Cash $          5,000 Accounts receivable $          3,700 Interest payable $          8,000 Utilities expense $          1,200 Total $        76,300 $        76,300