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6 Cash $15,000 Accounts Receivable 35,000 Supplies 4,000 Prepaid Insurance 3,000 Prepaid Rent 1,000 Equipment 65,000 Buildings 140,000 Land 40,000 Vehicles 10,000 Accumulated Dep'n 60,000

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6 Cash $15,000 Accounts Receivable 35,000 Supplies 4,000 Prepaid Insurance 3,000 Prepaid Rent 1,000 Equipment 65,000 Buildings 140,000 Land 40,000 Vehicles 10,000 Accumulated Dep'n 60,000 Accounts Payable $15,000 Notes Payable 25,000 Mortgage Payable 85,000 Common Stock 100,000 Dividends 22,000 Revenues 190,000 Salaries Expense 73,000 Rent Expense 65,000 Utilities Expense 37,000 Retained earnings 35,000 Assuming all of the accounts have normal balances, what is the total of the trial balance? A) $532,000 B) $508,000 C) $488,000 D) $510,000 E) Does not balance

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