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    Deangelaldixon's Avatar
    Deangelaldixon Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Jan 16, 2012, 10:57 AM
    Trail Balance
    Prepare a trial balance for July in the space below.


    Parkview Landscaping Corporation
    Trial Balance
    July 31


    REQUIREMENT #2:

    Post the July journal entries to the following T-Accounts and compute ending balances.


    Cash (111) Landscaping Revenue (411)
    24000 2724
    2400 2620
    2060
    1200
    308 5344
    2724 400
    2620
    1600
    29344 7568

    Prepaid Insurance (117) Rent Expense (511)
    2400 2060



    2400 2060

    Landscaping Supplies (119) Utility Expense (512)
    780 308



    780 308

    Landscaping Equipment (144) Insurance Expense (513)
    8800



    8800

    Accum. Depr.-Equipment (145) Supplies Expense (514)







    Accounts Payable (212) Depreciation Expense (515)
    400 780
    7600


    400 8380

    Income Taxes Payable (213) Income Taxes Expense (516)






    Common Stock (311)
    24000



    24000

    Retained Earnings (312)






    Dividends (313)
    1600




    How do I prepare a trail Balance for the above numbers






























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    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jan 16, 2012, 01:26 PM
    Just add your debit amounts together to get a total amount, then add your credit amount to get a total amount, and your total amounts should be the same amount.

    I have attached a sample trial balance so you can see what one looks like Excel 97 - 2003 format.
    Attached Files
  1. File Type: xls Trial Balance.xls (20.0 KB, 336 views)
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