Answer:
Amaro Company
Trial Balance
June 30, 2020
Debit Credit
Cash $ 5800 $
Accounts Receivable $ 3000 $
Equipment $17,000 $
Accounts Payable $ $ 8100
Cleland, Capital $ $
15,000
Cleland, Drawing $ 1200 $
Service Revenue $ $
10,000
Salaries Exp $5100 $
<u>Rent Expense $ 1000 $ </u>
<u> Total </u><u> $ 33,100 $ 33,100</u>
Trial balance is a list of all ledger accounts and cash book.
It can be prepared any time during the accounting period.
The debit and credit side of the trial balance are equal.
Expenses are debited . Drawing is an expense therefore it is debited.
