(Learning Objective 6: Construct and use a trial balance) Assume that Old Harbor reported the following summarized data at December 31, 2012. Accounts appear in no particular order; dollar amounts are in millions. Other liabilities $ 1 Cash 4 Expenses 14 Stockholders Solution Old Harbor Trial Balance December 31, 2012 ACCOUNT DEBIT CREDIT Millions Cash .

1. (Learning Objective 6: Construct and use a trial balance) Assume that Old Harbor reported the
following summarized data at December 31, 2012. Accounts appear in no particular order; dollar
amounts are in millions.
Other liabilities
$ 1
Cash
4
Expenses
14
Stockholders
Other liabilities $ 1
Cash 4
Expenses 14
Stockholders
Solution
Old Harbor
Trial Balance
December 31, 2012
ACCOUNT
DEBIT

2. CREDIT
Millions
Cash
Old Harbor
Trial Balance
December 31, 2012
ACCOUNT DEBIT CREDIT
Millions
Cash