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The ledger account balances for Perkins Company are listed below.                         ...

The ledger account balances for Perkins Company are listed below.              
              
   Accounts Payable       $8,000   
   Accounts Receivable    7,000  
   Cash 11,000  
   Common Stock 9,000  
   Dividends 4,000  
   Repair Revenue        40,000  
   Salaries Expense       25,000  
   Unearned Revenue       2,000  
   Utilities Expense       12,000  
              
Instructions              
Prepare a trial balance in proper form for Perkins at December 31, 2011.              

Business   Accounting   
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Answer #1
Trial Balance in proper form for Perkins at December 31, 2011.   
Particulars/Items Debit $ Credit $
Accounts Payable 8000
   Accounts Receivable 7000
   Cash 11000
   Common Stock 9000
   Dividends 4000
   Repair Revenue    40000
   Salaries Expense   25000
   Unearned Revenue   2000
   Utilities Expense   12000
Suspense 10000
64000 64000
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