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Given the Following Account Balances for Nelson Communications,prepare a Trial

Question 91

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Given the following account balances for Nelson Communications,prepare a trial balance for March 31,2012.
 Wage Expense 19,000 Paid-in Capital $51,000 Cost of Goods Sold 21,000 Prepaid Rent 500 Wages Payable 2,000 Accounts Receivable 9,000 Sales 49,000 Equipment 64,000 Cash 6,000 Accounts Payable 8,000 Retained Earnings 17,500 Rent Expense 2,000 Merchandise Inventory 11,000 Accum. Depreciation, Equipment 5,000\begin{array}{ll}\text { Wage Expense } & 19,000 \\\text { Paid-in Capital } & \$ 51,000 \\\text { Cost of Goods Sold } & 21,000 \\\text { Prepaid Rent } & 500 \\\text { Wages Payable } & 2,000 \\\text { Accounts Receivable } & 9,000 \\\text { Sales } & 49,000 \\\text { Equipment } & 64,000 \\\text { Cash } & 6,000 \\\text { Accounts Payable } & 8,000 \\\text { Retained Earnings } & 17,500 \\\text { Rent Expense } & 2,000 \\\text { Merchandise Inventory } & 11,000 \\\text { Accum. Depreciation, Equipment } & 5,000\end{array}

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