Please help me answer thes question from the picture with the informartion below
ID: 2334586 • Letter: P
Question
Please help me answer thes question from the picture with the informartion below. Thank you
Applying the Entire Accounting Cycle
Rhoades Tax Services began business on December 1, 2015. Its December transactions are as follows.
Explanation / Answer
Unadjusted trial balance:-
**Cash = $20000+$3000-$1200-$1080-$4700-$1800-$1800 = $12420
Particulars Debit($) Credit($) Cash** 12420 Fees Receivable 7200 Supplies 1080 Office Equipment 9500 Accounts Payable 4800 Common Stock 20000 Retained earning 5400 Consulting Revenue 10200 Rent Expense 1200 Wages Expense 1800 TotalRelated Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.