The Following Is a List of Accounts and Their Balances

question 48

Essay

The following is a list of accounts and their balances for Benson Company for the month ended June 30,20xx.Prepare a trial balance in good form.
$$\begin{array} { l r l r } \text { Cash } & \$ 1,870 & \text { Benson, Withdrawals } & \$ 500 \\\text { Accounts Payable } & 1,270 & \text { Accounts Receivable } & 1,100 \\\text { Office Equipment } & 900 & \text { Service Fees Earned } & 2,230 \\\text { Benson, Capital } & 1,500 & \text { Salaries Expense } & 630\end{array}$$

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Definitions:

Human Resources

The department within an organization that is responsible for managing employee-related functions, including hiring, training, benefits, and compliance with labor laws.

Imitated

The act of copying or mimicking the actions, speech, or mannerisms of another person or entity, typically to learn from them or to achieve a similar outcome.

Free Consent

A principle in both ethics and law that indicates an agreement or decision is made voluntarily by all parties without any form of coercion or deceit.

Conceal

To hide something or prevent it from being known or observed; to keep something secret or out of sight.