Sorry, about the previous question, could you help me put the right amount on each side under the right Titles. I have worked on this for so long now. Cash total is the hardest for me.
PACIFIC MACHINING
Trial Balance
December 31, 2005
Account Titles Debit Credit
Cash
Accounts Receivable
Prepaid Rent
Land
Accounts Payable
Interest Payable
Notes Payable
Common stock
Retained Earnings
Dividends
Service Revenue
Operating Expense
Salaries Expense
Rent Expense
Interest Expense
Totals
Accounting events for 2005:
1. Paid cash for accrued salaries $2,100
2. Performed services for cash 40,500
3. Borrowed and issued Note 20,000
4. Paid cash for land 25,000
5. Rent paid for one year beginning 2/1/2005 5,400
6. Services performed on account 82,000
7. Operating expenses incurred on account 49,100
8. Accounts receivable collected 76,300
9. Paid accounts payable 48,000
10. Paid cash for salaries 41,000
11. Cash dividend paid 5,000
2007-07-06
03:42:41
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