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how to write a trial balance

how to write a trial balance

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Which statements about the unadjusted trial balance is not correct? A. An unadjusted trial balance is the same as a balance sheet. B.An unadjusted trial balance can be prepared at any point in time. C. An unadjusted trial balance lists all the accounts with their current balances. D.An unadjusted trial balance can verify the equality of debits and credits.
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Corrected Trial Balance The Colby Group has the following unadjusted trial balance as of August 31, 2019. The Colby Group Unadjusted Trial Balance August 31, 2019 Debit Balances Credit Balances Cash 18,680 Accounts Receivable 33,440 Supplies 4,390 Prepaid Insurance 4,730 Equipment 106,000 Notes Payable 44,100 Accounts Payable 9,490 Terry Colby, Capital 68,180 Terry Colby, Drawing 23,200 Fees Earned 350,100 Wages Expense 206,686 Rent Expense 40,900 Advertising Expense 17,200 Miscellaneous Expense 11,200 466,426 471,870 The debit and credit totals are not...
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The following is the Bravo Unlimited adjusted Trial Balance. Bravo Unlimited Adjusted Trial Balance December 31, 2016 Account Title Debit Credit Cash $88,450 Accounts Receivable 331,860 Supplies 13,255 Prepaid Rent 10,500 Equipment 295,285 Accumulated Depreciation $236,760 Accounts Payable 75,555 Wages Payable 14,000 Capital Stock 220,000 Retained Earnings 111,145 Service Revenue 900,105 Interest Income 1,500 Rent Expense 64,000 Wages Expense 541,260 Supplies Expense 42,520   Utilities Expense 8,595 Depreciation Expense 156,500   Interest Expense 6,840 _________      Totals $1,559,065 $1,559,065 Prepare the general...
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