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How are accounts in the accounts payable ledger arranged

30/04/2021 Client: muhammad11 Deadline: 2 Day

The accounts in the ledger of Time Is Money Delivery Service contain the following balances on July 31, 2015.

Accounts Receivable ......... $10,642

Prepaid Insurance ............ $ 1,968

Accounts Payable ............ 8,396

Maintenance and Repairs Expense ....... 961

Cash .................. ?

Service Revenue ............ 10,610

Equipment .............. 49,360

Dividends ................ 700

Gasoline Expense ............. 758

Common Stock ............. 40,000

Utilities Expense .............. 523

Salaries and Wages Expense ........ 4,428

Notes Payable ............. 26,450

Salaries and Wages Payable ........ 815

Retained Earnings ........... 4,636

Instructions

Prepare a trial balance with the accounts arranged as illustrated in the chapter and fill in the missing amount for Cash.

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