From the Following Alphabetical List of Account Balances, All of Which

question 141

Essay

From the following alphabetical list of account balances, all of which are normal, for Aloha Company on September 30, 2010, prepare a trial balance in proper form (the amount of Ron Ho, Withdrawals must be computed) .
$\begin{array}{lr}\text { Accounts Payable } & 780 \\\text { Accounts Receivable } & 460 \\\text { Cash } & 400 \\\text { Equipment } & 1,380 \\\text { Prepaid Advertising } & 20 \\\text { Revenue Earned } & 1,000 \\\text { Ron Ho, Capital } & 1,200 \\\text { Ron Ho, Withdrawals } & ? \\\text { Wages Expense } & 60 \\\text { Wages Payable } & 20\end{array}$

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Definitions:

Jurisprudence

The philosophy of law. Also sometimes used to refer to the collected positive law of some jurisdiction.

Public Law

Laws that govern relationships between individuals and the government, including constitutional, administrative, and criminal laws.

Contract Law

A legal domain that governs the creation, enforcement, and dissolution of contracts between parties, ensuring that agreements are fair and binding.

Specific Performance

A legal remedy requiring a party to perform a specific act, usually in reference to fulfilling a contract, rather than paying damages for failing to fulfill it.