Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of op

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answerhappygod
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Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of op

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Napa Tours Co. is a travel agency. The nine transactions
recorded by Napa Tours during April 2018, its first month of
operations, are indicated in the following T accounts:
Question Content Area
a. Prepare an unadjusted trial
balance. List all the accounts in the order of Assets,
Liabilities, Stockholders’ equity, Revenues, and Expenses. Place
the amounts in the proper columns. If an entry is not required in
an amount box, leave it blank.
Accounts PayableCashCommon StockDividendsOperating
ExpensesService RevenueCash
Accounts PayableAccounts ReceivableCommon
StockDividendsOperating ExpensesService RevenueAccounts
Receivable
Accounts PayableCommon StockDividendsOperating ExpensesService
RevenueSuppliesSupplies
Accounts PayableEquipmentCommon StockDividendsOperating
ExpensesService RevenueEquipment
Accounts PayableAccounts ReceivableEquipmentCommon
StockDividendsService RevenueSuppliesAccounts Receivable
Accounts ReceivableEquipmentCommon StockDividendsOperating
ExpensesService RevenueSuppliesCommon Stock
Accounts PayableAccounts ReceivableEquipmentDividendsOperating
ExpensesService RevenueSuppliesDividends
Accounts PayableAccounts ReceivableCashDividendsOperating
ExpensesService RevenueSuppliesService Revenue
Accounts ReceivableCashCommon StockEquipmentOperating
ExpensesService RevenueSuppliesOperating Expenses
Question Content Area
b. Based upon the unadjusted trial
balance, determine the net income or net loss.
Net incomeNet lossNet income
$fill in the blank 29d203f13f86029_2
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