Business, 18.06.2020 16:57, milkshakegrande101
Trial Balance National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts:
Cash Equipment Beth Worley, Drawing
(1) 75,000 (2) 900 (3) 8,000 (9) 2,500
(7) 8,150 (3) 1,600
(4) 6,280
(6) 2,700
(9) 2,500
Accounts Receivable Accounts Payable Fees Earned
(5) 12,300 (7) 8,150 (6) 2,700 (3) 6,400 (5) 12,300
Supplies Beth Worley, Capital Operating Expenses
(2) 900 (8) 660 (1) 75,000 (4) 6,280
(8) 660
a. Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank. National Park Tours Co. Unadjusted Trial Balance May 31, 2019 Debit Balances Credit Balances Fees Earned 12,300
b. Based upon the unadjusted trial balance, determine the net income or net loss. $
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Trial Balance National Park Tours Co. is a travel agency. The nine transactions recorded by National...
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