Solution-Prepare a trial balance at august

Prepare a trial balance at august

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Reference no: EM13532896

Selected transactions from the journal of Galaxy Inc. during its first month of operations are presented here.

Date	Account Titles	Debit	Credit
Aug. 1	Cash	8,000
	Common Stock		8,000
10	Cash	1,700
	Service Revenue		1,700
12	Equipment	6200
	Cash		1200
	Notes Payable		5000
25	Accounts Receivable	3400
	Service Revenue		3400
31	Cash	600
	Accounts Receivable		600

Instructions

(a) Post the transactions to T accounts.

(b) Prepare a trial balance at August 31, 2012.

Reference no: EM13532896

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Prepare a trial balance at august

Reference no: EM13532896

Reference no: EM13532896

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