7. The following list of accounts was taken from the general ledger of Bassett Corporation on December 31, 2016. The bookkeeper thought it would be helpful if the accounts were arranged in alphabetical order. Each account contains the balance that is normal for that type of account; for example, Cash normally has a debit balance. Prepare a trial balance as of this date with the accounts arranged in the following order: (1) assets, (2) liabilities, (3) stockholders' equity, (4) revenues, (5) expenses, and (6) dividends. Accounts Payable Accounts Receivable Automobiles Buildings Capital Stock Cash Commissions Expense Commissions Revenue Dividends Equipment Heat, Light, and Water Expense Income Tax Expense Income Taxes Payable Interest Revenue Land Notes Payable Office Salaries Expense Office Supplies Retained Earnings ANSWER: $ 8,650 5,325 9,200 150,000 100,000 11,500 2,600 12,750 2,000 85,000 1,400 1,700 2,500 1,300 50,000 90,000 6,000 500 110,025