meranaam21
Mar 9, 2009, 10:02 AM
Can someone help me to balance this, I am messing up somewhere and its not ballancing
So please separate by Debits And Credits
Account Payable 7650
Accounts Receivable 5325
Automobiles 9200
Buildings 150000
Capital Stock 100000
Cash 10500
Commissions Expenses 2600
Commissions Revenue 12750
Dividends 2000
Equipment 85000
Heat, Light, And Water Expense 1400
Income Tax Expense 1700
Income Tax Payable 2500
Interest Revenue 1300
Land 50000
Notes payable 90000
Office Salaries Expense 6000
Office Supplies 500
It should balance out to 110,025
I want to know, which ones are credits and which ones are debits
So please separate by Debits And Credits
Account Payable 7650
Accounts Receivable 5325
Automobiles 9200
Buildings 150000
Capital Stock 100000
Cash 10500
Commissions Expenses 2600
Commissions Revenue 12750
Dividends 2000
Equipment 85000
Heat, Light, And Water Expense 1400
Income Tax Expense 1700
Income Tax Payable 2500
Interest Revenue 1300
Land 50000
Notes payable 90000
Office Salaries Expense 6000
Office Supplies 500
It should balance out to 110,025
I want to know, which ones are credits and which ones are debits