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Home Q & A Board Other Fields Homework Help Business Accounting
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ʎddɐɥ ʎddɐɥ
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7 years ago
The following is an alphabetical list of accounts for Dew Point, Inc. at December 31, 2005. All account balances are normal balances.

   Accounts payable   $ 7,500
   Accounts receivable   12,350
   Accumulated depreciation   3,025
   Cash   78,250
   Common stock   10,000
   Cost of goods sold   107,400
   Depreciation expense   3,025
   Inventory   25,000
   Notes payable   10,000
   Production equipment    22,000
   Operating expenses   32,500
   Sales   250,000

Prepare a trial balance in good form.
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suryoyosuryoyo
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7 years ago
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