Ensemble Co. Unadjusted Trial Balance
For the Year Ending December 31, 2018
Debit BalancesCredit Balances
Cash42,900
Accounts Receivable 123,500
Prepaid Insurance27,000
Equipment300,000
Accounts Payable52,000
Salaries Payable 4,800
Common Stock 40,000
Retained Earnings 137,200
Dividends 5,000
Service Revenue 1,216,000
Salary Expense660,000
Advertising Expense 275,000
Miscellaneous Expense16,600
1,801,5001,801,500
How does grading work?
Ensemble Co.
UNADJUSTED TRIAL BALANCE
ACCOUNT TITLEDEBITCREDIT
1 Cash
2 Accounts Receivable
3 Prepaid insurance
4 Equipment
5 Accounts Payable
6 Salaries Payable
7 Common Stock
8 Retained Earnings
9 Dividends
10 Service Revenue
11 Salary Expense
12 Advertising Expense
13 Miscellaneous Expense
14 Totals

Ensemble Co.

UNADJUSTED TRIAL BALANCE

ACCOUNT TITLE                                               DEBIT                CREDIT

1 Cash                                                                42,900

2 Accounts Receivable                                   123,500

3 Prepaid insurance                                         27,000

4 Equipment                                                   300,000

5 Accounts Payable                                                                     52,000

6 Salaries Payable                                                                          4,800

7 Common Stock                                                                         40,000

8 Retained Earnings                                                                   137,200

9 Dividends                                                     5,000

10 Service Revenue                                                                 1,216,000

11 Salary Expense                                       660,000

12 Advertising Expense                              275,000

13 Miscellaneous Expense                                                         16,600

14 Totals                                                   1,466,600              1,466,600

Explanation:

A Trial Balance is used to check for mathematical accuracy. It is a list of Debits and Credit prepared from Ledger Account.

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