Prepare a Trial Balance, in Good Form, Based on the Following

question 98

Essay

Prepare a trial balance, in good form, based on the following transactions.
a. Edward Wilson invested $8,000 cash in his new landscaping business.
b. The business paid the first month's rent with $300 cash.
c. The business purchased equipment by paying $2,000 cash and executing a note payable for $3,000.
d. The business purchased supplies for $200 cash.
e. The business billed clients for a total of $1,000 for design services rendered.
f. The business received $750 cash from clients for services rendered above.
g. The owner took a withdrawal of $2,000. $\begin{array} { | l | l | l | } \hline \text { Account Title } & \text { Debit } & \text { Credit } \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}$

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Definitions:

Sustainable Business

Sustainable business practices are those that meet the needs of the present without compromising the ability of future generations to meet their own needs, focusing on environmental, social, and governance criteria.

Profit Maximization

The process or strategy aimed at increasing a business's profits to the highest possible level.

Human Sustainability

An approach focusing on the long-term welfare and development of people within society, often emphasizing health, education, employment, and fair treatment.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often including preventive care, prescriptions, and emergencies.