Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following accounts with normal balances. 11eb91e1_2e4e_892b_ad16_bda37d55d75f_SM1965_00 Required 1. Prepare a trial balance for this business as of the end of May. Analysis Components 2. Analyze the accounts and their balances and prepare a list that describes each of the seven most likely transactions and their amounts. 3. Prepare a report of cash received and cash paid showing how the seven transactions in part 2 yield the $37,641 ending Cash balance.

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

النسخة 22الرقم المعياري الدولي: 978-0077862275

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

النسخة 22الرقم المعياري الدولي: 978-0077862275

تمرين 25

Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following accounts with normal balances.

Required
1. Prepare a trial balance for this business as of the end of May.
Analysis Components
2. Analyze the accounts and their balances and prepare a list that describes each of the seven most likely transactions and their amounts.
3. Prepare a report of cash received and cash paid showing how the seven transactions in part 2 yield the $37,641 ending Cash balance.

التوضيح

موثّق

1.
Prepare Trial balance:
The normal ba...