Question

7. Smithson Floor Coverings reported the following summarized data at December 31, 2018. Accounts appear in no particular order, and all have normal balances. 4(Click the icon to view Smithson Floor Coverings accounts.) Prepare the trial balance of Smithson Floor Coverings at December 31, 2018 Smithson Floor Coverings Trial Balance December 31, 2018 Balance Debit Credit Account Title (2) (10) (11) |(12) Total 4: Data Table Service Revenue $ $ Salaries Payable Salaries Expense 26,000 36,000 17,000 24,000 2,200 Equipment Rent Expense Common Stock Accounts Payable Cash 25,000 1,600 7,000 3,600 6,000 1,900 Accounts Receivable Interest Payable Utilities Expense Dividends 16,100

Answer 1

Credits Debit $ 7,000 36,000 3,600 25,000 2,200 Trial balance :- S.No Particulars i Cash Equipment Accounts Receivable Salaries Payable Accounts Payable Interest Payable Common Stock Dividends Service Revenue Salaries Expense 11 Rent Expense 12 Utilities Expense Total 6,000 24,000 16,100 26,000 1,600 17,000 1,900 83,200 83,200