Maurice Tutor

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Category > Management Posted 09 Oct 2017 My Price 6.00

Haleakala Park Co.

The accounts in the ledger of Haleakala Park Co. as of March 31, 2006, are listed in alphabetical order, as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.

 

Accounts Payable                             $ 18,710                               Notes Payable                                   $ 40,000

 

Accounts Receivable                       37,500                                  Prepaid Insurance                            3,000

 

Capital Stock                                      50,000                                  Rent Expense                                     60,000

 

Cash                                                      ?                                              Retained Earnings                            36,640

 

Dividends                                            20,000                                  Supplies                                               2,100

 

Fees Earned                                        310,000                                Supplies Expense                             7,900

 

Insurance Expense                          6,000                                     Unearned Rent                                 9,000

 

Land                                                      85,000                                  Utilities Expense                               41,500 Miscellaneous Expense                               8,900                                     Wages Expense                                                 175,000

Prepare a trial balance, listing the accounts in their proper order and inserting the missing figure for cash

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 01:10 PM My Price 6.00

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