Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
gOOvER gOOvER
wrote...
Go to Answer
Posts: 1305
Rep: 0 0
6 years ago
Thermo HVAC is a heating and air conditioning service business. On December 31, 2014, after its first month of business, Thermo HVAC had the following balances in its accounts, listed alphabetically.

Accounts receivable   4, 100
Accounts payable    22, 000
Advertising expense   1, 600
Building    17, 000
Cash   Neutral Face
Capital    45, 000
Withdrawals   1, 800
Equipment    1, 800
Land    67, 000
Note payable    58, 000
Salary expense    1, 800
Service revenue    62, 000
Supplies    2, 900
Utilities expense    4, 200


Determine the balance in the cash account and prepare a trial balance using proper format.

Account Title   Debit   Credit
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
Read 126 times
2 Replies
Replies
Answer verified by a subject expert
raovatallpyraovatallpy
wrote...
#1
Posts: 444
Rep: 37 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 130 words.
1

Related Topics

gOOvER Author
wrote...
#2
5 years ago
Best answer
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1347 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 180
  
 17
  
 266
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Which 'study break' activity do you find most distracting?