From the following alphabetical list of account balances,all of which are normal,for Ivy Maxx Company on July 31,2014,prepare a trial balance in proper form (the amount of Ivy Maxx,Withdrawals must be computed).
Definitions:
Security Fee
A charge imposed to cover the cost associated with ensuring the safety and security of a service or facility.
Federal Income Tax
A tax levied by the federal government on individuals' and corporations' yearly income.
Payroll Tax
Taxes imposed on employers and employees, typically calculated as a percentage of the salaries that employers pay their staff.
Benefits Principle
A tax principle stating that those who benefit from government services should pay in proportion to the amount they benefit.
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