Products
Rewards 
from HOLOOLY

We are determined to provide the latest solutions related to all subjects FREE of charge!

Please sign up to our reward program to support us in return and take advantage of the incredible listed offers.

Enjoy Limited offers, deals & Discounts by signing up to Holooly Rewards Program

HOLOOLY 
BUSINESS MANAGER

Advertise your business, and reach millions of students around the world.

HOLOOLY 
TABLES

All the data tables that you may search for.

HOLOOLY 
ARABIA

For Arabic Users, find a teacher/tutor in your City or country in the Middle East.

HOLOOLY 
TEXTBOOKS

Find the Source, Textbook, Solution Manual that you are looking for in 1 click.

HOLOOLY 
HELP DESK

Need Help? We got you covered.

Chapter 2

Q. 2.3

Prepare a trial balance for Andrew Rose as at 10 January, by entering every account
balance from the ledger (in practice any accounts with zero balances are omitted).
List the debit and credit balances in their respective columns. The first two balances
have been entered.

 

Trial balance as at 10 January

Details Debit Credit
Cash Book:
Bank 1,900
Cash 400
General Ledger:
Payables Ledger:
Receivables Ledger:
Totals:

Step-by-Step

Verified Solution

Trial balance as at 10 January

Details Debit Credit
Cash Book: 1,900
Bank 400
Cash
General Ledger:
Andrew Rose: Equity 5,000
Computer 1,000
Sales 1,520
Purchases 3,500
Wages 300
Stationery 700
Drawings 100
Payables Ledger:
Paper Products 700
BiggaBuys 1,500
Receivables Ledger:
Sarah Prince 820
Totals: 8,720 8,720