Below are the account balances of Bruins Company at the end of November.

Required:
Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the Equipment account?

Transcribed Image Text:

Balances $30,000 40,000 1,000 2,000 Balances $40,000 25,000 1,000 55,000 20,000 11,000 2,000 6,000 5,000 Accounts Accounts Receivable Supplies Prepaid Rent Equipment Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Accounts Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Interest Expense Supplies Expense Utilities Expense 16,000 4,000 2,000 8,000 20,000