E2-14B
The accounts in the ledger of Moran Delivery Service contain the following balances on July 31, 2017. Accounts Receivable $ 5,220 Prepaid Insurance $ 1,190 Accounts Payable 5,110 Maintenance and Repairs Expense 580 Cash ? Service Revenue 6,360 Equipment 30,000 Owner’s Drawings 420 Gasoline Expense 450 Owner’s Capital 26,780 Insurance Expense 310 Salaries and Wages Expense 2,660 Notes Payable 16,000 Salaries and Wages Payable 490
Instructions
Prepare a trial balance with the accounts arranged as illustrated in the chapter and fi ll in the missing amount for Cash.
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