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Prepare a trial balance with the accounts arranged

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Reference no: EM133060342

Question - The accounts in the ledger of Boxer Ltd contain the following balances on 31 March 2020:

Accounts receivable $13,450

Prepaid insurance $6,345

Accounts payable 23,774

Repair expense 3,421

Cash 76,526

Service revenue 67,589

Delivery equipment 165,000

Dividends 2,700

Fuel expense 7,890

Share capital 112,000

Insurance expense 4,568

Salaries expense 23,700

Bank loan 75,000

Salaries payable 3,460

Retained earnings ?

Required - Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for retained earnings.

Reference no: EM133060342

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