Preparing a trial balance
Required
On December 31, 2011, Chang Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance.
Common Stock | $25,000 |
Salaries Expense | 16,000 |
Office Supplies | 1,800 |
Advertising Expense | 2,500 |
Retained Earnings, 1/1/2011 | 14,200 |
Unearned Revenue | 18,000 |
Accounts Receivable | 6,500 |
Cash | 60,000 |
Service Revenue | 76,000 |
Dividends | 5,000 |
Prepaid Insurance | 6,400 |
Land | 22,000 |
Rent Expense | 15,000 |
Accounts Payable | 2,000 |
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