5. Cr. Walton service company Trial Balance For the month ended December 31, 2020 Dr. $5,400 2,800 2,400 1,300 60,000 Account titles Cash Accounts Receivable Prepaid Insurance Supplies Equipment Notes Payable Accounts Payable Ray Walton, Capital Ray Walton, Drawing Service Revenue Salaries Expense Utilities Expense Advertising Expense $40,000 2,400 30,000 1,000 4,900 3,200 800 400 Other data consist of the following: 1. Insurance expires at the rate of $200 per month. 2. There are $1000 supplies on hand at August 31. 3. Monthly Depreciation on the equipment is $900 4. Interest has accrued on the notes payable during August @15% Instructions: (a) Prepare a Work Sheet. (6)