The accounts in the ledger of Overnite Delivery Service contain the following balances on July 31, 2019
| Accounts Receivable | $7,642 | Prepaid Insurance | $1,968 |
| Accounts Payable | 8,396 | Maintenance and Repairs Expense | 961 |
| Cash | ? | Service Revenue | 10,610 |
| Equipment | 49,360 | Owner's Drawings | 700 |
| Gasoline Expense | 758 | Owner's Capital | 42,000 |
| Utilities Expense | 523 | Salaries and Wages Expense | 4,428 |
| Notes Payable | 17,000 | Salaries and Wages Payable | 815 |
Instructions
Prepare a trial balance with the accounts and fill in the missing amount for Cash.
Solution
Overnite Delivery Service
Trial Balance
July 31, 2019
Trial Balance
July 31, 2019
