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table 2 2 the following is a list of the accounts and their balances appearing in th 4300837

Table 2-2

 

The following is a list of the accounts and their balances appearing in the ledger of Martin Mann Garage as of December 31, 2014, the company's year end. The accounts are in alphabetical order and have normal balances.

 

Accounts payable 1,350

Accounts receivable 3,750

Cash 1,200

Equipment  37,800

Gasoline expense  1,800

Martin Mann, Capital 19,800

Martin Mann, Withdrawals 1,500

Notes payable  33,000

Rent expense 3,600

Repairs expense 1,950

Salary expense  2,100

Salary payable     300

Service revenue 24,750

Supplies 600

Supplies expense 900

Truck 24,000

18) Refer to Table 2-2. Prepare a trial balance for Martin Mann Garage at December 31, 2014

19) Thermo HVAC is a heating and air conditioning service business. On December 31, 2014, after its first month of business, Thermo HVAC had the following balances in its accounts, listed alphabetically.

 

Accounts receivable

4, 100

Accounts payable

22, 000

Advertising expense

1, 600

Building

17, 000

Cash

???

Capital

45, 000

Withdrawals

1, 800

Equipment

1, 800

Land

67, 000

Note payable

58, 000

Salary expense

1, 800

Service revenue

62, 000

Supplies

2, 900

Utilities expense

4, 200

 

 

Determine the balance in the cash account and prepare a trial balance using proper format.

 

Account Title

Debit

Credit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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