Listed below are the ledger accounts for borges inc. at december 31, 2019. all accounts have normal balances. service revenue $23,230 cash 12,850 accounts payable 2,825 common stock 15,000 rent expense 2,400 dividends 1,500 salaries expense 4,300 equipment 12,935 accounts receivable 5,700 advertising expense 1,370 required: prepare a trial balance for borges at december 31, 2019. if an amount box does not require an entry, leave it blank.

Explanation:

The  debit and credit balance of trial balance is shown below:

Debit balance =  Cash + Rent Expense + Dividends + Salaries Expense + Equipment + Accounts Receivable + Advertising Expense

= $12,850 + $2,400 + $1,500 + $4,300 + $12,935 + $5,700 + $1,370

= $41,055

And the credit balance = Service revenue + accounts payable + common stock

= $23,230 + $2,825 + $15,000

= $41,055

The preparation of the trial balance is given in the spreadsheet. Kindly find the attachment below:

hi there,

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