Chapter 2: The Accounting Cycle: During the Period Trial Balance Use the data to set up a Trial Balance and answer the 5 questions. Accounts Cash Accounts receivable Balance $ 20,000 30,000 Supplies 1,000 Prepaid rent 5,000 Building & Equipment ? Accounts payable 15,000 T Salaries payable 25,000 Interest payable 3,000 Deferred revenue 15,000 Notes payable 100,000 Common stock 500,000 Retained earnings, BB 300,000 Dividends 10,000 Service revenue 600,000 Salaries expense 350,000 Rent expense 20,000 Interest expense 5,000 Supplies expense 4,000 12,000 40,000 + Utilities expense Advertising expense Total Credits Building & Equipment Net Income Ending Retained Earnings Total Assets 12345