Redberrys trial balance follows.

Compute these amounts for the business:
1. Total assets
2. Total liabilities
3. Net income or net loss duringDecember

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Redberry, Inc. Trial Balance December 31, 2010 Balance Account Tide Debit Credit Cash. Accounts receivable …… Supplies.. Equpment.... Land. Accounts payabl. Note payable. Common stock. Retained earnings … Service revenue.. 7.500 12,000 5,000 24,000 52,000 21,000 32,000 7,000 9,000 63,000 Rent expense Utilities expense 23,000 7,500 1,000