Homework Answers
Debit side of trial balance includes following accounts
= Cash + account receivable + prepaid insurance + supplies + equipment +salaries and wages epense + rent expense
= 310 + 524 + 84 + 190 + 4100 + 1100 + 510
= 6818
Correct choice C
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JYF Company's accounting records at December 31, 2022 reported
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Cash $25,000
Retained Earnings $53,000 (at January 1, 2022)
Prepaid Insurance $18,000
Advertising Expense $22,000
Cost of Goods Sold $29,000
Interest Revenue $31,000
Copyright $28,000
Supplies $12,000
Accounts Receivable $51,000
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Patent $21,000
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Building $34,000
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Calculate JYF Company's total...
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