Question

Questione The mounts of Specialty Deck Service, Ino, follow with their normal balances at April 30, 2018. The secounts are listed in no particular order. (Click the icon to view the accounts.) Read the focuiremena Requirement 1. Prepare the company's al balance at April 30, 2018, listing out in propers. For example, Accounts Receivable comes before mort. Lt the spese with the largest balance first, the perse with the largest balance second, and so on. Select the sccounts that will be listed on the trial balance enter the account balances and finally total the debits and credits. Remember to the account in the past first, then bestowed by the equity including revenue and expense accounts) in the expenses last with the largest balance first, the expense with the next largest balance second and so on Specialty Deck Service, Ine. Trial Balance April 30, 2018 Balance Account Debit Credit ose from any list or enter any number in the input fields and then click Check Answer CA

Answer 1

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Specialty Deck
Trial Balance
Account Titles	Debit	Credit
Cash	19,200.00
Accounts Receivable	5,300.00
Equipment	30,800.00
Accounts Payable		4,300.00
Note Payable		21,000.00
Common Stock		16,200.00
Retained Earnings		7,800.00
Dividends	3,100.00
Service Revenue		20,500.00
Salaries Expense	8,400.00
Delivery Expense	700.00
Utilities Expense	2,300.00
Total	69,800.00	69,800.00
		-
Income Statement	Amount $
Service Revenue	20,500.00
Total revenue	20,500.00
Less: Expenses
Salaries Expense	8,400.00
Delivery Expense	700.00
Utilities Expense	2,300.00
Total Expenses	11,400.00
Net Income	9,100.00
Statement of Retained Earnings	Amount $
Retained Earnings- Opening Balance	7,800.00
Add: Net Income	9,100.00
Less: Dividends	(3,100.00)
Retained Earnings- Closing balance	13,800.00
Balance Sheet	Amount $	Amount $
Assets
Current Assets
Cash	19,200.00
Accounts Receivable	5,300.00
Total Current Assets		24,500.00
Plant Property & Equipment
Equipment	30,800.00
Total Plant Property & Equipment		30,800.00
Total Assets		55,300.00
Liabilities & Stockholder's Equity	Amount $	Amount $
Liabilities
Current Liabilities
Accounts Payable	4,300.00
Total Current Liabilities		4,300.00
Non Current Liabilities
Note Payable	21,000.00
Total Non Current Liabilities		21,000.00
Total Liabilities		25,300.00
Stockholder's Equity
Common Stock	16,200.00
Retained Earnings	13,800.00
Total Stockholder's Equity		30,000.00
Total Liabilities & Stockholder's Equity		55,300.00