Prepare an unadjusted trial balance

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Trial Balance

The accounts in the ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order. All accounts have normal balances. The balance of the cash account has been intentionally omitted.

Accounts Payable $41,500

Accounts Receivable 83,000

Cash?

Elaine Wells, Capital 193,650

Elaine Wells, Drawing 45,000

Fees Earned 691,600

Insurance Expense 13,150

Land 189,500

Miscellaneous Expense 19,350

Notes Payable 90,000

Prepaid Insurance 6,200

Rent Expense 131,400

Supplies 4,150

Supplies Expense 17,300

Unearned Rent 20,100

Utilities Expense 92,650

Wages Expense 387,300

Problem 1: Prepare an unadjusted trial balance, list the accounts in their proper order, and insert the missing figure for cash. For those boxes in which no entry is required, leave the box blank.

 

Reference no: EM132933351

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