4. Prepre a trial balance at July 31.

BEARINGS & BRAKES CORPORATION
Trial Balance
	Debit	Credit
Totals	$0	$0

Accounts Payable	$	64,000
Buildings		570,000
Cash		97,000
Common Stock		240,000
Equipment		162,000
Land		479,000
Notes Payable (long-term)		12,000
Retained Earnings		1,001,000
Supplies		9,000

During the month of July, the company had the following activities:
a.	Issued 3,600 shares of common stock for $360,000 cash.
b.	Borrowed $95,000 cash from a local bank, payable in four years.
c.	Bought a building for $180,000; paid $73,000 in cash and signed a three-year note for the balance.