Essay
Given the following transactions for The Warren Candle Company, prepare a trial balance as of August 31, 2019
a)Owner, Wendy Warren invested $16,000 cash and equipment with a value of $7,500 into the business.
b)Purchased supplies on account, $350.
c)Rented office space paying one month's rent, $950.
d)Performed a service on account, $1,500.
e)Purchased a truck by paying $2,000 down and signing a note for the balance of $19,900.
f)Performed a service and immediately collected $900 cash.
g)Owner, Wendy Warren withdrew $900 for personal use.
Correct Answer:

Verified
Correct Answer:
Verified
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