The following trial balance of Jeana Macintyre Tutoring Service as of May 31, 2024, does not balance.
Homework Answers
| Jeana Macintyre Tutoring Service Trial Balance May 31, 2024 |
||
| Accounts Title | Debit | Credit |
| Cash | $ 3,500 ( $ 2,900 + $ 600) |
|
| Accounts Receivable | $ 1,200 ( $ 1,800 (-) $ 600 ) |
|
| Office Supplies | $ 900 | |
| Computer Equipment | $ 16,100 | |
| Accounts Payable | $ 12,100 ( $ 11,200 + $ 1,000 (-) $ 100) |
|
| Utilities payable | $ 1,050 ( $ 500 + $ 550 ) |
|
| Common Stock | $ 11,850 ( $ 11,600 + $ 250 ) |
|
| Dividends | $ 9,600 | |
| Service Revenue | $ 9,900 | |
| Salaries expense | $ 1,900 | |
| Rent expense | $ 700 | |
| Utilities expense | $ 1,000 ( $ 500 + $ 500 ) |
|
| Total | $ 34,900 | $ 34,900 |
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