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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

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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 30 April 2021 Account title Debit Credit Cash 6000 Owner's Equity 12000 Equipment Account 4000 Office Rent Expense 1000 Supplies 500 Advertising Expense 500 Account Payable 1000 Service Revenue Drawings 3000 Salaries Expense 1000 Notes Payable 3000 Utilities Expense 1500 Account Receivable 6000 Salaries Payable 2000 Total 22500 24500 Required: You are required to prepare a correct Trial Balance of Alsaid Repair Shop. 5500

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