An inexperienced bookkeeper prepared the following trial balance. LILY COMPANY Trial Balance December 31, 2022 Debit Credit Cash $12,700 Prepaid Insurance $4,400 Accounts Payable 5,800 Unearned Service Revenue 5,000 Owner's Capital 10,900 Owner's Drawings 7,300 Service Revenue 27,500 Salaries and Wages Expense 20,500 Rent Expense 4,300 $38,200 $60,200 LILY COMPANY Trial Balance I Debit $ Credit