Question

From the ledger balances below, prepare a trial balance for Cullumber Company at June 30, 2017. All account balances are normal.

Accounts Payable $ 1,110 Service Revenue $8,920
Cash 5,510 Accounts Receivable 2,740
Common Stock 18,000 Salaries and Wages Expense 3,630
Dividends 1,570 Rent Expense 1,260
Equipment 13,320

Answer 1

Answer:

TOTAL DEBIT SIDE $28,030

TOTAL CREDIT SIDE $28,030

Step-by-step explanation:

Preparation of Trial balance for Cullumber Company at June 30, 2017.

TRIAL BALANCE

DEBIT SIDE

Cash 5,510

Equipment 13,320

Accounts Receivable 2,740

Dividends 1,570

Salaries and Wages Expense 3,630

Rent Expense 1,260

TOTAL DEBIT SIDE $28,030

CREDIT SIDE

Accounts Payable $ 1,110

Common Stock 18,000

Service Revenue $8,920

TOTAL CREDIT SIDE $28,030

Therefore the TOTAL DEBIT SIDE is $28,030

While the TOTAL CREDIT SIDE is $28,030