Answer:
Cash $426,800.00
Debit side $6,500,000.00
Credit side $6,500,000.00
Explanation:
Preparation of the Unadjusted trial balance
SEASIDE Unadjusted Trial Balance
DEBIT SIDE
Cash 426,800.00
Accounts Receivable 660,500.00
Prepaid Insurance 21,600.00
Supplies 11,200.00
Land 1,850,000.00
Dividends 36,000.00
Wages Expense 2,950,000.00
Utilities Expense 82,000.00
Rent Expense 390,000.00
Supplies Expense 23,700.00
Insurance Expense 18,000.00
Miscellaneous Expense 30,200.00
TOTAL $6,500,000.00
CREDIT SIDE
Notes Payable 75,000.00
Accounts Payable 118,600.00
Unearned rent 12,000.00
Common stock 150,000.00
Retained Earnings 1,814,400.00
Fees Earned 4,330,000.00
TOTAL $6,500,000.00
CASH will be the balancing figure since the total of both Debit and Credit columns of trial balance must equal.
Therefore the Unadjusted trial balance be:
Debit side $6,500,000.00
Credit side $6,500,000.00
Seaside Furniture Company
Unadjusted Trial Balance
August 31, 20Y5
Particulars Debit Balances Credit Balances
Accounts Receivable $660,500
Cash (bal fig) $426,800
Supplies $11,200
Prepaid insurance $21,600
Land $1,850,000
Accounts payable $118,600
Unearned rent $12,000
Notes payable $75,000
Common stock $150,000
Retained earnings $1,814,400
Dividend $36000
Fees earned $4,330,000
Insurance expense $18,000
Miscellaneous expense $30,200
Rent expense $390,000
Supplies expense $23,700
Utilities expense $82,000
Wages expense $2,950,000
Total $6,500,000 $6,500,000
Therefore we can conclude that the total of the trial balance is $6,500,000.
Learn more about the trial balance here: brainly.com/question/12177856
