This trial balance shows account balances for various assets, liabilities, equity, revenue, and expense accounts for a company. Key assets include furniture, equipment, building, and accounts receivable. Key liabilities include accounts payable, bank loan, mortgage, and taxes payable. Revenue of $56,000 is shown with various operating expenses including salaries, utilities, advertising, and supplies. The trial balance will be used to prepare financial statements for the period.
This trial balance shows account balances for various assets, liabilities, equity, revenue, and expense accounts for a company. Key assets include furniture, equipment, building, and accounts receivable. Key liabilities include accounts payable, bank loan, mortgage, and taxes payable. Revenue of $56,000 is shown with various operating expenses including salaries, utilities, advertising, and supplies. The trial balance will be used to prepare financial statements for the period.
This trial balance shows account balances for various assets, liabilities, equity, revenue, and expense accounts for a company. Key assets include furniture, equipment, building, and accounts receivable. Key liabilities include accounts payable, bank loan, mortgage, and taxes payable. Revenue of $56,000 is shown with various operating expenses including salaries, utilities, advertising, and supplies. The trial balance will be used to prepare financial statements for the period.
This trial balance shows account balances for various assets, liabilities, equity, revenue, and expense accounts for a company. Key assets include furniture, equipment, building, and accounts receivable. Key liabilities include accounts payable, bank loan, mortgage, and taxes payable. Revenue of $56,000 is shown with various operating expenses including salaries, utilities, advertising, and supplies. The trial balance will be used to prepare financial statements for the period.