Accounting Question – which accounts are debits or credits? Can you add them up to find the trial balance?
ledger account at 30 June Accounts Receivable ,400; Accumulated Depreciation Motor Vehicles 0; Prepaid Insurance 0; Service Fee Revenue 0; Unearned Service Fees 0; Wages Payable 0; Wages Expense 0; Bills Receivable 0; Accounts Payable ,150; Capital ,800; Cash at Bank ,250; Drawings ,100; Motor Vehicle ,430; Miscellaneous Expense 0. The trial balance total at 30 June [...]
May 22, 2010