Question - The accounts of Hall's Cleaners are listed below with their normal balances at December 31, 2010. The accounts are listed in no particular order:
|
Account
|
Balance
|
|
Utilities Expense
|
$12,800
|
|
Cash
|
37,190
|
|
Accounts Payable
|
33,200
|
|
J. Hall, Withdrawals
|
30,300
|
|
Service Revenue
|
44,640
|
|
Equipment
|
77,950
|
|
J. Hall, Capital
|
94,000
|
|
Salaries Expense
|
13,600
|
Required: Prepare the company's trial balance at December 31, 2010, listing accounts in proper sequence. List the expense with the largest balance first.