Question

JUI Yuu Below are account balances of Ducks Company at the end of September. Accounts Balances Accounts Cash $20,500 Retained Earnings Accounts Receivable 13,100 Dividends Supplies 6,100 Service Revenue Prepaid Insurance 4,100 Salaries Expense Equipment 23,500 Insurance Expense Accounts Payable 6,100 Advertising Expense Salaries Payable 3,100 Supplies Expense Utilities Payable 1,100 Entertainment Expense Deferred Revenue 8,100 Utilities Expense Common Stock 24,500 Balances $12,100 3,100 ? 8,100 7,100 1,100 9,100 5,100 1,100 Required: Prepare a trial balance by placing amounts in the appropriate debit or credit column an Revenue account. Answer is not complete.

Answer 1

Ducks Company
Trial Balance
Accounts	Debit	Credit
Cash	20,500
Accounts Receivable	13,100
Supplies	6,100
Pre. Insurance	4,100
Equipment	23,500
Accounts Payable		6,100
Salary Payable		3,100
Utilities Payable		1,100
Deferred Revenue		8,100
Common stock		24,500
Ret. Earning		12,100
dividends	3,100
Sal. Exp	8,100
Insurance Ex.	7,100
Adv. Exp.	1,100
Supplies Expense	9,100
Entertainment Expense	5,100
Utilities Expense	1,100
Service Revenue		47,000
Total	102,000	102,000