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Prepare a trial balance with the accounts arranged

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Reference no: EM13532929

The accounts in the ledger of Roshek Delivery Service contain the following balances on July 31, 2012.

Accounts Receivable

13,400

Prepaid Insurance

$2,200

Accounts Payable

8,400

Service Revenue

15,500

Cash

?

Dividends

700

Equipment

59,360

Common Stock

40,000

Maintenance and

Salaries and Wages Expense

7,428

Repairs Expense

1,958

Salaries and Wages Payable

820

Insurance Expense

900

Retained Earnings

5,200

Notes Payable (due 2015)

28,450

(July 1, 2012)

Instructions

(a) Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Cash.

(b) Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July 2012.

Reference no: EM13532929

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