Solution-Prepare a trial balance at april 30

Prepare a trial balance at april 30

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Reference no: EM13533084

The T accounts on the next page summarize the ledger of McGregor Gardening Company, Inc. at the end of the first month of operations.

Cash						Unearned Service Revenue
Apr.	1	15,000	Apr.	15	800				Apr.	30	900
	12	700		25	3,500
	29	800
	30	900
Accounts Receivable						Common Stock
Apr.	7	3400	Apr.	29	800				Apr.	1	15000
	Supplies						Service Revenue
Apr.	4	5200							Apr.	7	3400
										12	700
Accounts Payable						Salaries and Wages Expense
Apr.	25	3500	Apr.	4	5200	Apr.	15	800

Instructions

(a) Prepare in the order they occurred the journal entries (including explanations) that resulted in the amounts posted to the accounts.

(b) Prepare a trial balance at April 30, 2012. (Hint:Compute ending balances of T accounts first.)

Reference no: EM13533084

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Prepare a trial balance at april 30

Reference no: EM13533084

Reference no: EM13533084

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