Service 5 Paid monthly rent on medical equipment 550 10 Purc

Service 5 Paid monthly rent on medical equipment, $550. 10 Purchased office supplies on account, $1,800 19 Borrowed $24,000 from the bank for business use. 22 Paid $1,700 on account 28 The business received a bill for advertising in the daly newspaper to be paid in August, $290 account

Solution

Trial Balance :

Account Title	Debit	credit
Cash	69060
Account receivable	5500
Supplies	1800
Land	17000
Account payable		390
Unearned revenue		1260
Bank loan		24000
Owner\'s capital		68000
Owner\'s withdraw	7400
Revenue		11500
Office rent	1000
Utilities	550
Salaries exp	2000
Newspaper exp	290
Medical equipment rent	550
Total	105150	105150