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Preparing an unadjusted trial balance is the fourth step in the accounting cycle.
Kelly consulting unadjusted trial balance. This problem continues the next month of may. The chart of accounts for kelly. Image transcription text salary expense '.
The unadjusted trial balance for xyz consultants might include various accounts such as cash, accounts receivable, office supplies, salaries expenses, and. Kelly consulting unadjusted trial balance may 31, 2048 debit credit account title balances balances cash 44,195 accounts receivable 8,080 supplies 2,085. The problem illustrated is when kelly consulting opened the business in april.
If an amount box does not require an entry, leave it blank. Kelly consulting unadjusted trial balance may 31, 20y5 account title debit credit cash v 49,965 x accounts re. The unadjusted trial balance is used as the starting point for analyzing account balances and making adjusting entries.
Prepare an adjusted trial balance. A trial balance is a list of all accounts in the general ledger that have nonzero balances. 21/64 unadjusted trial balance may 31, 2019 account title debit credit 1 cash 21,975.00 2accounts receivable.
Debit credit cash 11 22,100 accounts receivable 12 3,400 supplies 14 1,350. Kelly consulting score: This report is a standard one that can.
Kelly consulting adjusted trial balance may 31, 20y account title debit. Kelly consulting unadjusted trial balance may 31, 20y8 debit credit account balances balances cash v 44,195 v v accounts receivable v/ 8,080 v v.
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