QUESTION 7 The ledger accounts of the Get Fit Gym at July 31

QUESTION 7 The ledger accounts of the Get Fit Gym at July 31, 2017 are shown below: Accounts Payable Accounts Receivable Buildings Common Stock 12,100 1,050 55,400 65,100 9,000 45,900 45,000 350 10,500 Equipment Notes Payable Supplies Dividends Instructions Prepare a trial balance with the ledger accounts arranged in the proper financial statement order. Include the appropriate heading Click Save and MacBook Air

Solution

Trial balance :

Accounts Debit credit
Cash 9000
Account receivable 1050
Supplies 350
Building 55400
Equipment 45900
Account payable 12100
Notes payable 45000
Common Stock 65100
Dividend 10500
Total 122200 122200
 QUESTION 7 The ledger accounts of the Get Fit Gym at July 31, 2017 are shown below: Accounts Payable Accounts Receivable Buildings Common Stock 12,100 1,050 55

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