LO 2 Preparation of a Trial Balance An alphabetical list pr

LO 2 Preparation of a Trial Balance ???. An alphabetical list presenting the accounts and balances for Ken\'s Cleaners on June 30, 2014, follows. All the accounts have normal balances. Accounts Payable Accounts Receivable Accumulated Depreciation-Office Equipment Advertising Expense Cash Office Equipment Prepaid Insurance Rent Expense Revenue from Cleaning l. Bell, Capital I. Bell, Withdrawals Supplies Wages Expense 30,840 15,300 2,700 3,600 15,270 31,020 3,360 14,400 115,800 61,260 54,000 1,650 72,000 yighe 2013 Cenpage leaming All Rights Reserved May not he copied, scanned, or duplicannd, in w hell or in pt Due to electronic rights, some thind party content mary he sspressed fhom the ellook andior eChptens) review has dcetied thai any presso contett does not matera y a ect the overall learnag expetnce. Cetiga e caming reserves the right to remove adliweal coleti at any tiine if subsequil ng its restrx iona require il indd 154 rAssignments 155 Prepare the trial balance by listing the accounts in the correct order, with the balances in the appropriate debit or credit column

Solution

PART 1

PART 2

PART 3

Accounts name	Debit	Credit
Cash	$    15,270.00
Accounts Receivable	$    15,300.00
Office Equipment	$    31,020.00
Prepaid Insurance	$      3,360.00
Wages Expenses	$    72,000.00
Rent	$    14,400.00
I.Bell, withdrawls	$    54,000.00
Supplies	$      1,650.00
Advertising Expenses	$      3,600.00
Revenue		$ 115,800.00
Acc. Depreciation		$      2,700.00
Accounts Payable		$    30,840.00
I.Bell, Capital		$    61,260.00
	$ 210,600.00	$ 210,600.00