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Given the Following List of Accounts and Their Amounts for Hayden's

question 106

Essay

Given the following list of accounts and their amounts for Hayden's Co. in alphabetical order, prepare a trial balance for December 31, 2009 as it should be presented.
 Accounts Payable 5,000 Accounts Receivable 3,000 Advertising expense 400 Building 18,000 Capital stock 14,100 Cash 6,500 Dividends 1,600 Land 26,000 Notes Payable 15,000 Revenue 31,000 Retained Earnings ? Supplies 700 Utilities expense 900 Wage expense 13,250 Wages Payable 3,050\begin{array} { | l | r | } \hline \text { Accounts Payable } & 5,000 \\\hline \text { Accounts Receivable } & 3,000 \\\hline \text { Advertising expense } & 400 \\\hline \text { Building } & 18,000 \\\hline \text { Capital stock } & 14,100 \\\hline \text { Cash } & 6,500 \\\hline \text { Dividends } & 1,600 \\\hline \text { Land } & 26,000 \\\hline \text { Notes Payable } & 15,000 \\\hline \text { Revenue } & 31,000 \\\hline \text { Retained Earnings } & ? \\\hline \text { Supplies } & 700 \\\hline \text { Utilities expense } & 900 \\\hline \text { Wage expense } & 13,250 \\\hline \text { Wages Payable } & 3,050 \\\hline\end{array}


Definitions:

Environmental Pollution

The contamination of the physical and biological components of the earth/atmosphere system to such an extent that normal environmental processes are adversely affected.

Scarcity

The inability of an economy to generate enough goods and services to satisfy all human wants.

Economic Questions

Fundamental inquiries regarding how societies allocate resources, including what to produce, how to produce, and for whom to produce.

Curbing Pollution

Measures undertaken to reduce or eliminate the release of pollutants into the environment to protect ecological balance and public health.

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