Prepare a trial balance for Zeng Inc.dated April 30,2017,based on the following transactions that occurred during the month of June.
a.Owner invested $55,000 cash into the business and received common shares in return.
b.Rented an office and paid one month's rent,$700.
c.Purchased $600 of supplies on account.
d.Performed services on account,$7,500.
e.Paid $4,200 cash for office furniture.
f.Owner received a dividend of $500.
g.Collected $3,000 on account.

Question

Quizplus · Accepted Answer

The Answer of Prepare a trial balance for Zeng Inc.dated April 30,2017,based on the following transactions that occurred during the month of June.
a.Owner invested $55,000 cash into the business and received common shares in return.
b.Rented an office and paid one month's rent,$700.
c.Purchased $600 of supplies on account.
d.Performed services on account,$7,500.
e.Paid $4,200 cash for office furniture.
f.Owner received a dividend of $500.
g.Collected $3,000 on account.

Prepare a Trial Balance for Zeng Inc