1. The following accounts come from the ledger of Snow Go Company at December31, 2010.
|
157 |
Equipment |
$88,000 |
301 |
Roberts, Capital |
$20,000 |
|
306 |
Roberts, Drawing |
8,000 |
212 |
Salaries Payable |
2,000 |
|
201 |
Accounts Payable |
22,000 |
200 |
Notes Payable |
19,000 |
|
726 |
Salaries Expense |
42,000 |
722 |
Insurance Expense |
3,000 |
|
112 |
Accounts Receivable |
4,000 |
130 |
Prepaid Insurance |
6,000 |
|
400 |
Service Revenue |
95,000 |
101 |
Cash |
7,000 |
Prepare a trial balance in good form.