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Carlos Young started an engineering firm called Young Engineering. He began operations in March 2020 and completed seven transactions, including his initial investment of

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Carlos Young started an engineering firm called Young Engineering. He began operations in March 2020 and completed seven transactions, including his initial investment of $17,000 cash. After these transactions, the ledger included the following accounts with their normal balances: Cash Office Supplies Prepaid Insurance Office Equipment $26,660 660 3,200 16,500 Accounts Payable 16,500 Carlos Young, Capital 17,000 Carlos Young, Withdrawals 3,740 Engineering Revenue 24,000 Rent Expense 6,740 Required: Prepare a trial balance for the business. YOUNG ENGINEERING Trial Balance March 31, 2020

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