The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2007.

Accounts Receivable $13,400 Prepaid Insurance $1,800
Accounts Payable 7,400 Repair Expense 1,200
Cash ? Service Revenue 15,500
Delivery Equipment 59,360 Dividends 700
Gas and Oil Expense 758 Common Stock 40,000
Insurance Expense 600 Salaries Expense 4,428
Notes Payable, due 2010 28,450 Salaries Payable 900
Retained Earnings (July 1, 2007) 5,200

This is a duplicate post. Stop making duplicate posts. You need to try to do your homework, then we can assist you.

You need to prepare a trial balance, then you can prepare your financial statements.

In a trial balance your Debits should equal your Credits. The difference between your credits and debits will be your cash amount.

If you do not know what accounts have a normal Debit or Credit balance, they are listed below:

D = Debits
E = Expenses
A = Assets
D= Dividends

C = Credits
U = Unearned Revenues
R = Revenues
L = Liabilities
S = Shareholders' accounts (owners' equity)