Prepare a Trial Balance from the Ledger Accounts of Black

question 25

Essay

Prepare a trial balance from the ledger accounts of Black Diamond Express as of January 31 2016.
$\begin{array} { l r l r } \text { Accounts Payable } & \$ 1,100 & \text { Rent Expense } & \$ 500 \\\text { Accounts Receivable } & 1,700 & \text { Service Revenue } & 3,000 \\\text { Cash } & 1,400 & \text { Supplies } & 200 \\\text { Owner's Capital } & 2,000 & \text { Salaries and Wages Expense } & 1,300 \\\text { Owner's Drawings } & 1,000 & &\end{array}$

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Definitions:

Productivity

The measure of efficiency in which goods and services are produced, often evaluated in terms of the output generated per unit of input.

Psychological Contract

The unwritten, informal agreement between an employer and employee that outlines mutual expectations, commitments, and obligations.

Training and Development

A function of human resource management concerned with organizational activity aimed at enhancing the performance of individuals and groups in organizational settings.

Job Security

The likelihood of an individual keeping their job without the risk of becoming unemployed.