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What is the proper order for these in the trail balance?

List of Accounts   Amounts

Accounting and legal expense   $24,525

Accounts payable   3,500

Accounts receivable   28,261

Accumulated depreciation - Buildings   27,500

Accumulated depreciation - Equipment   1,200

Additional paid-in-capital common stock   15,000

Ads   250

Advertising   1,312

Alarm service expense   315

Allowance for doubtful accounts   2,826

Auto repair expense   5,064

Bad debt expense   712

Bank charges   688

Buildings   75,000

Cash   10,467

Commissions paid   20,203

Common Stock ($0.50 par value, 10,000 shares issued and outstanding)   5,000

Contract labor expense   23,482

Corporate license   125

Current maturity on notes payable   2,000

Depreciation   5,950

Sales discounts   18,153

Equipment    30,000

Federal income taxes - balance on prior yr return   2,400

Federal income taxes - estimated taxes   1,500

Franchise   2,000

Fuel   5,263

Gross sales   288,605

Help food expense   936

Inventory (perpetual)   4,260

Labels & posters (part of product cost)   5,562

Land   20,000

Land improvements   15,000

Loans to employees   100

Medical   270

Notes payable   98,000

Office expense   2,607

Parking   80

Patents   500

Phone   2,239

Preferred Stock (5% cummulative)   10,000

Prepaid insurance   5,370

Prepaid rent   65

Product liability insurance expense   14,143

Products (part of product cost)   51,979

Rent   40,000

Rent payable   250

Repairs   3,098

Retained earnings   13,169

Returned/lost/damaged merchandise   3,609

Safe deposit box   75

Salary and wages payable   250

Shipping - UPS   9,986

Shipping paid by client   287

State annual business license   200

Storage   845

Subscriptions   318

Supplies   1,870

Tax Prep   500

Trade show expense   3,161

Trademark   2,500

Utilities   3,400

Utility deposits   1,500

Web site   2,544

Loss on disposal of Vitamin segment (exited this segnment 7/1/2014)   20,000

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92016253

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