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E2-23 (similar to) is Question Help The T-accounts of Manning Farm Equipment Repair follow as of May 31, 2018 B (Click the ic

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Answer #1

Trial balance

May 31,2018

Debit Credit
Cash 4850
Account receivable 2800
Land 13000
Building 42000
Equipment 19000
Account payable 4100
Notes payable 36900
Common Stock 43000
Dividends 1100
Service revenue 6400
Salaries expense 6600
Property tax 700
Advertising expense 350
Total 90400 90400
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