Prepare a trial balance LO 4 The accounts in the ledger of T

Prepare a trial balance (LO 4) The accounts in the ledger of Time Is Money Delivery Service contain the following balances on July 31,2019. $10,642 8,396 Accounts Receivable Accounts Payable Cash Equipment Gasoline Expense Utilities Expense Notes Payable Prepaid Insurance Maintenance and Repairs Expense Service Revenu

Solution

Trial Balance July 31, 2019 Debit Credit Cash 21567 Accounts Receivable 10642 Prepaid Insurance 1968 Equipment 49360 Notes Payable 26450 Accounts Payable 8396 Salaries and Wages Payable 815 Common Stock 40000 Retained Earnings 4636 Dividends 700 Service Revenue 10610 Salaries and Wages Expense 4428 Maintenance and Repairs Expense 961 Gasoline Expense 758 Utilities Expense 523 Total 90907 90907