Reference no: EM132463738
Question 1: Prepare a trial balance, listing the following accounts in proper sequence. The accounts (all normal balances) were taken from the ledger of Sophie Designs Co. on April 30, 2014.
Accounts Payable $ 4,100 Rent Expense $ 1,500
Accounts Receivable 3.450 Salary Expense 14,000
Cash 6,700 Fees Earned 45,425
Capital Stock 10,000 Supplies 3,125
Dividends 7,500 Supplies Expense 1,700
Equipment 24,500 Utilities Expense 4,000
Miscellaneous Expense 850 Retained Earnings 7,800
- appear on a balance sheet.