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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.
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