Question

Produce a Trial Balance (in the corrert order) using the following account balances. All balances are the normal balance of the account.

Accounts Receivable	10,000
Accumulated Depreciation	25,000
Bad Debt Expense	10,000
Cash at Bank	30,000
COGS	35,000
Depreciation	20,000
Equipment	60,000
Inventory	15,000
Owners Capital	50,000
Owners Drawings	5,000
Rent Expense	15,000
Salaries Payable	20,000
Sales Revenue	105,000
Supplies Expense	10,000
Supplies on Hand	5,000
Unearned Revenue	15,000

All account descriptions must be exactly as they appear above. Expenses should be in alphabetical order. Do not include punctuation in numerical answers. All boxes must be completed - enter "0" (zero) where there is no other answer.

Trial Balance
Account	Dr	9Cr
Answer (Write Account involve )	Answer	Answer
Answer (Write Account involve )	10000	Answer
AnswerCash at Bank or Inventory	Answer	Answer
AnswerSupplies on Hand or Equipment	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer Owners Capital or Salaries Payable	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer Subscriptions Revenue or Owners Capital	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer  (Write Account involve )	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Answer  (Write Account involve )	Answer	Answer
Answer   (Write Account involve )	Answer	Answer
Total	Answer	Answer

Answer 1

TRIAL BALANCE
ACCOUNT	DEBIT	CREDIT
Accounts Receivable	10,000	0
Accumulated Depreciation	0	25,000
Bad Debt Expense	10,000	0
Cash at Bank	30,000	0
COGS	35,000	0
Depreciation	20,000	0
Equipment	60,000	0
Inventory	15,000	0
Owners Capital	0	50,000
Owners Drawings	5,000	0
Rent Expense	15,000	0
Salaries Payable	0	20,000
Sales Revenue	0	1,05,000
Supplies Expense	10,000	0
Supplies on Hand	5,000	0
Unearned Revenue	0	15,000
TOTAL	215000	215000

Steps to prepare Trial balalnce:

1. In a trial balance normally the assets, expenses and drawing account balances have to be recorded in the debit column and the liabilities, capital and revenue balances have to be recorded in the credit column

2. The accounts with balances should be recorded in the same order as listed in the charts of accounts

3. The total of the debit balance should be equal the total of the credit balances