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Prepare a trial balance

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All nine transactions for Bowan Realty for June, the first month of operations, are recorded in the following T accounts:

Cash Capital Stock
(1) 20,000 (3) 7,500 (1) 20,000
(7) 6,900 (5) 2,600
(9) 4,700 (6) 5,500
(8) 2,000

Accounts Receivable Dividends
(4) 4,900 (9) 4,700 (8) 2,000

Supplies Fees Earned
(3) 7,500 (4) 4,900
(7) 6,900

Equipment Operating Expense
(2) 4,500 (6) 5,500

Accounts Payable
(5) 2,600 (2) 4,500

Refer to Exhibit 2-1 above, and prepare a trial balance, listing the accounts in their proper order.

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The solution explains how to prepare a trial balance. The posting provides nine transactions in a company, and records accounts for the first couple months of operations.

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All nine transactions for Bowan Realty for June, the first month of operations, are recorded in the following T accounts:
Cash Capital Stock
(1) 20,000 (3) 7,500 (1) 20,000
(7) ...

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