(Learning Objective 4: Preparing and using a trial balance) The accounts of Grand Pool Service, Inc., follow with their normal balances at June 30, 20X6. The accounts are listed in no particular order.

❙ Requirements 1. Prepare the company’s trial balance at June 30, 20X6, listing accounts in proper sequence, as illustrated in the chapter. For example, Accounts Receivable comes before Land.

List the expense with the largest balance fi rst, the expense with the next largest balance second, and so on.

2. Prepare the fi nancial statement for the month ended June 30, 20X6, that will tell the company the results of operations for the month.