Question
T accounts? Trial Balance?

The following events apply to Complete Business Service in 2018, its first year of operations: 1. Received $41,000 cash from
ASSETS STOCKHOLDERS EQUITY LIABILITIES Accounts Payable Cash Common Stock Dividends Accounts Receivable Uneamed Revenue Serv
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Answer #1

Common stock Cash Account payable $13,000 Operating expense $15,500 Supplies $1,450 Cash $41,000 Cash Cash $41,000 Land $25,5

Trial balance (Unadjusted)
Trial balance Debit Credit
Cash $68,500
Account receivable $8,500
Supplies $510
Land $13,500
Account payable $3,950
Unearned revenue $1,550
Common stock $41,000
Dividends $6,100
Service revenue $67,050
Operating expense $15,500
Supplies expense $940
$113,550 $113,550
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