the accounts in the ledger of roshek delivery service contain the following balances 534339
The accounts in the ledger of Roshek Delivery Service contain the following balances on July 31, 2012.
|
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the accounts in the ledger of roshek delivery service contain the following balances 534339
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|
13,400 |
Prepaid Insurance |
$2,200 |
|
Accounts Payable |
8,400 |
Service Revenue |
15,500 |
|
Cash |
? |
Dividends |
700 |
|
Equipment |
59,360 |
Common Stock |
40,000 |
|
Maintenance and |
Salaries and Wages Expense |
7,428 |
|
|
Repairs Expense |
1,958 |
Salaries and Wages Payable |
820 |
|
Insurance Expense |
900 |
Retained Earnings |
5,200 |
|
Notes Payable (due 2015) |
28,450 |
(July 1, 2012) |
Instructions
(a) Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Cash.
(b) Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July 2012.
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