The following accounts come from the ledger of SnowGo Company at December 31, 2012.
|
157 |
Equipment |
$88,000 |
|
306 |
Owner’s Drawings |
8,000 |
|
201 |
Accounts Payable |
22,000 |
|
726 |
Salaries and Wages |
$88,000 |
|
Expense |
||
|
112 |
Accounts Receivable |
42,000 |
|
400 |
Service Revenue |
4,000 |
|
301 |
Owner’s Capital |
95,000 |
|
212 |
Salaries and Wages |
$20,000 |
|
Payable |
||
|
200 |
Notes Payable |
2,000 |
|
722 |
Insurance Expense |
19,000 |
|
130 |
Prepaid Insurance |
3,000 |
|
101 |
Cash |
6,000 |
Prepare a trial balance in good form.