The ledger account balances for Galaxie 500 Company are listed below. Accounts Payable $ 6,000 Accounts Receivable 7,000 Cash 5,200 Owner's Capital 11,000 Owner's Drawings 4,000 Service Revenue 30,000 Salaries and Wages Expense 20,800 Unearned Service Revenue 2,000 Utilities Expense 12,000 Instructions Prepare a trial balance in proper form for Galaxie at December 31, 2014. TRIAL BALANCE DECEMBER 21, 2014 accounts title debit credit accounts payable 6000$ accounts receivable 7000$

The ledger account balances for Galaxie 500 Company are listed below. Accounts Payable $ 6,000 Accounts Receivable 7,000 Cash 5,200 Owner's Capital 11,000 Owner's Drawings 4,000 Service Revenue 30,000 Salaries and Wages Expense 20,800 Unearned Service Revenue 2,000 Utilities Expense 12,000 Instructions Prepare a trial balance in proper form for Galaxie at December 31, 2014. TRIAL BALANCE DECEMBER 21, 2014 accounts title debit credit accounts payable 6000$ accounts receivable 7000$

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 12SPA: SCHEDULE OF ACCOUNTS RECEIVABLE Based on the information provided in Problem 10-11A, prepare a...

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The following accounts have normal balances. Prepare a trial balance. Accounts Payable, 20; Accounts Receivable, 90; Capital, 40; Sales, 200; Cash, 100; Rent Expense, 70.
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