Prepare a trial balance from the ledger accounts of Black Diamond Express as of January 31, 2018. Accounts Payable $1,100 Rent Expense $500
Accounts Receivable 1,700 Service Revenue 3,000
Cash 1,400 Supplies 200
Common stock 2,000 Salaries and Wages Expense 1,300
Dividends (Debit Balance) 1,000

Black Diamond Express

Trial Balance as at January 31, 2018.

                                                          Debit               Credit

Accounts Payable                                                      $1,100

Rent Expense                                    $500

Accounts Receivable                      $1,700

Service Revenue                                                      $3,000

Cash                                                 $1,400

Supplies                                             $200

Common stock                                                         $2,000

Salaries and Wages Expense         $1,300

Dividends                                         $1,000

Totals                                                $6,100             $6,100

Explanation:

A trial balance is a list of balances (debits and credits) that is prepared from the ledger accounts from which Financial Statements are prepared.

The Trial Balance can be used a check to the correctness of the double entry system.

the correct answer is b.)