7. The inexperienced accountant of Alsaid Repair Shop has prepared the following incorrect Trial Balance. He believes the account balances are correct, but not sure if he could correctly separate the debit and credit account balances.

Alsaid Repair Shop

Trial Balance

For the month ended on 30th April 2021

Account title Debit Credit

Cash 6000

Owners Equity 12000

Equipment Account 4000

Office Rent Expense 1000

Supplies 500

Advertising Expense 500

Account Payable 1000

Service Revenue 5500

Drawings 3000

Salaries Expense 1000

Notes Payable 3000

Utilities Expense 1500

Account Receivable 6000

Salaries Payable 2000

Total 22500 24500