EX 2-16 Trial balance
The accounts in the ledger of Diva Co. as of July 31, 2012, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
|
Accounts Payable |
$28,000 |
Notes Payable |
$50,000 |
|
Accounts Receivable |
40,000 |
Prepaid Insurance |
6,400 |
|
Cash |
? |
Rent Expense |
36,000 |
|
Cheryl Sievert, Capital |
49,900 |
Supplies |
4,000 |
|
Cheryl Sievert, Drawing |
25,000 |
Supplies Expense |
9,000 |
|
Fees Earned |
350,000 |
Unearned Rent |
13,500 |
|
Insurance Expense |
6,000 |
Utilities Expense |
18,000 |
|
Land |
125,000 |
Wages Expense |
195,000 |
|
Miscellaneous Expense |
12,000 |
Prepare an unadjusted trial balance, listing the accounts in their normal order and inserting the missing figure for cash.