subject
Business, 21.06.2021 16:40 gabrielbergemancat

Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash. After those seven transactions, the ledger included the following accounts with normal balances. Cash $ 37,641
Office Supplies 890
Prepaid Insurance 4,600
Office Equipment 12,900
Accounts Payable 12,900
Y. Min, Capital 18,000
Y. Min, Withdrawals 3,329
Engineering Fees Earned 36,000
Rent Expense 7,540
Prepare a trial balance for this business as of the end of May. (The items in the Trial Balance should be grouped as follows: Assets, Liabilities, Equity, Revenues and Expenses). Complete this task on an excel spreadsheet in proper form

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
question
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
question
Business, 23.06.2019 06:30
What did surprise you in personalities
Answers: 1
You know the right answer?
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven t...
Questions
question
Mathematics, 05.12.2019 23:31
Questions on the website: 13722359