The Following List of Accounts Was Taken from the General

question 177

Essay

The following list of accounts was taken from the general ledger of Bassett Corporation on December 31,2017.The bookkeeper thought it would be helpful if the accounts were arranged in alphabetical order.Each account contains the balance that is normal for that type of account;for example,Cash normally has a debit balance.Prepare a trial balance as of this date with the accounts arranged in the following order: (1)assets, (2)liabilities, (3)stockholders' equity, (4)revenues, (5)expenses,and (6)dividends.
$\begin{array}{lr}\text { Accounts Payable } & \$ 8,650 \\\text { Accounts Receivable } & 5,325 \\\text { Automobiles } & 9,200 \\\text { Buildings } & 150,000 \\\text { Capital Stock } & 100,000 \\\text { Cash } & 11,500 \\\text { Commissions Expense } & 2,600 \\\text { Commissions Revenue } & 12,750 \\\text { Dividends } & 2,000 \\\text { Equipment } & 85,000\\\text { Heat, Light, and Water Expense } & 1,400 \\\text { Income Tax Expense } & 1,700 \\\text { Income Taxes Payable } & 2,500 \\\text { Interest Revenue } & 1,300 \\\text { Land } & 50,000 \\\text { Notes Payable } & 90,000 \\\text { Office Sal aries Expense } & 6,000 \\\text { Office Supplies } & 500 \\\text { Retained Earnings } & 110,025\end{array}$

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Definitions:

Somatoform

Relating to a group of psychological disorders in which a patient experiences physical symptoms that are inconsistent with or cannot be fully explained by any underlying medical condition.

Anxiety

is a feeling of worry, nervousness, or unease about something with an uncertain outcome, which can interfere with daily activities if excessively intense.

Generalized Anxiety

A disorder characterized by chronic, excessive worry and tension without specific causes.

Phobia

A phobia is an irrational and overwhelming fear of a specific object, situation, or activity, leading to significant anxiety and avoidance behaviors.