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All Nine Transactions for Ross Realty for June 2020, the First

Question 172

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All nine transactions for Ross Realty for June 2020, the first month of operation, are recorded in the following T accounts: Cash(1)30,000(3)7,500(7)4,900(5)2,000(9)3,700(6)4,500(8)2,000\begin{array}{l}\text {Cash}\\\begin{array} { l | l r } \hline(1) 30,000&(3) 7,500 \\(7) 4,900&(5) 2,000\\(9) 3,700&(6) 4,500\\&(8) 2,000\end{array}\end{array} Greg Ross, Capital(1)30,00\begin{array}{l}\text {Greg Ross, Capital}\\\begin{array} { l | l r } \hline &(1) 30,00\\& \end{array}\end{array} Accounts Receivable(4)4,100(9)3,700\begin{array}{l}\text {Accounts Receivable}\\\begin{array} { l | l r } \hline (4) 4,100&(9) 3,700\\& \end{array}\end{array} Greg Ross, Withdrawals(8)2,000\begin{array}{l}\text {Greg Ross, Withdrawals}\\\begin{array} { l | l r } \hline (8) 2,000&\\& \end{array}\end{array} Supplies(3)7,500\begin{array}{l}\text {Supplies}\\\begin{array} { l | l r } \hline (3) 7,500&\\& \end{array}\end{array} Fees Earned(4)4,100(7)4,900\begin{array}{l}\text {Fees Earned}\\\begin{array} { l | l r } \hline &(4) 4,100\\& (7) 4,900\end{array}\end{array} Equipment(2)22,500\begin{array}{l}\text {Equipment}\\\begin{array} { l | l r } \hline (2) 22,500&\\&\end{array}\end{array} Operating Expense(6)4,500\begin{array}{l}\text {Operating Expense}\\\begin{array} { l | l r } \hline (6) 4,500&\\&\end{array}\end{array} Accounts Payable(5)2,000(2)22,500\begin{array}{l}\text {Accounts Payable}\\\begin{array} { l | l r } \hline (5) 2,000&(2) 22,500\\&\end{array}\end{array} Prepare a trial balance, listing the accounts and their balance in proper order.

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Ross Realty
Trial Balance
June 30, 2020
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