Fundamentals of Accounting, Cheat Sheet of Mathematics

Download Fundamentals of Accounting and more Cheat Sheet Mathematics in PDF only on Docsity! FUNDAMENTALS OF ACCOUNTING LEARNING ACTIVITY SHEET WEEK 9 ANGELIKA B. CUACHIN 11- ABM 3 MAY 12, 2022 PREPARING TRIAL BALANCE ACTIVITY 1 C. DE MESA TAXI COMPANY TRIAL BALANCE DECEMVBER 31, 2019 ACCOUNT CODE ACCOUNT TITLE DEBIT CREDIT 110 Cash Php 16,000.00 130 Supplies 2,000.00 160 Equipment 160,000.00 210 Account Payable Php 40,000.00 310 De Mesa Capital 140,000.00 320 Drawing 1,000.00 410 Service Income 10,000.00 510 Salaries Expense 3,000.00 530 Rent Expense 5,000.00 550 Utilities Expense 3,000.00 TOTAL Php 190,000.00 Php 190,000.00 GUIDE QUESTIONS: 16. THE ACCOUNT NUMBER IS ARRANGED IN INCREASING ORDER. IT CORRESPONDS TO THE ARRANGEMENT OF THE 5 MAJOR ACCOUNTS. START WITH ASSET, LIABILITIES, EQUITY, REVENUE, AND EXPENSE. ACTIVITY 2 C. DE MESA COMPANY TRIAL BALANCE AS OF JANUARY 31,2020