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Below are the account balances of Bruins Company at the end of November, Prepare a trial balance and determine the balance in the Equipment account.

Below are the account balances of Bruins Company at the end of November, Prepare a trial balance and determine the balance in the Equipment account.

Account Balance Account Balance

Cash $40,000 Common Stock $ 50,000

Accounts Receivable 50,000 Retained Earnings 35,000

Supplies 1,100 Dividends 1,100

Prepaid Rent 3,000 Service Revenue 65,000

Equipment ? Salaries Expense 30,000

Account Payable 17,000 Rent Expense 12,000

Salaries Payable 5,000 Interest Expense 3,000

Interest Payable 3,000 Supplies Expense 7,000

Deferred Revenue 9,000 Utilities Expense 6,000

Notes Payable 30,000

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