Prepare the company's trial balance at April 30,
2016 ,
listing accounts in proper sequence. For example, Accounts Receivable comes before Equipment. List the expense with the largest balance first, the expense with the next largest balance second, and so on.
Select the accounts that will be listed on the trial balance; enter the account balances and finally total the debits and
credits. Remember
to list the accounts in the proper
sequence ; assets first,
then
liabilities followed
by stockholders'
equity (including revenue and expense accounts). List the expenses last with the largest balance first, the expense with the next largest balance second, and so on.
Deluxe Pool Service, Inc.
Trial Balance
April 30, 2016
Account Debit Credit
Total
Account Balance
Dividends . . . . . . . . . . . . . . . $3,200
Common stock . . . . . . . . . . $16,500
Utilities expense . . . . . . . . . . . 1,500
Accounts payable . . . . . . . . . . 4,800
Accounts receivable . . . . . . . . 5,300
Service revenue . . . . . . . . . . 20,700
Delivery expense . . . . . . . . . . . .400
Equipment . . . . . . . . . . . . . . 29,200
Retained earnings . . . . . . . . . 1,500
Note payable . . . . . . . . . . . . 24,500
Salary expense . . . . . . . . . . . .9,000
Cash . . . . . . . . . . . . . . . . . . .19,400