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CP2--Submit in Canvas Use the data to set up a Trial Balance and answer the 5 questions CP2--Submit in Canvas Use the data to set

image text in transcribed CP2--Submit in Canvas Use the data to set up a Trial Balance and answer the 5 questions

CP2--Submit in Canvas Use the data to set up a Trial Balance and answer the 5 questions. Cash Accounts receivable Supplies Prepaid rent Building & Equipment Accounts payable Salaries payable Interest payable Deferred revenue Notes payable Common stock Retained earnings Dividends Service revenue Salaries expense Rent expense Interest expense Supplies expense Utilities expense Advertising expense $30,000 20,000 2,000 8,000 10,000 15,000 3,000 25,000 250,000 300,000 350,000 10,000 800,000 500,000 10,000 12,000 9,000 22,000 130,000 1. Total credit amount 2. Building/Equipment 3. Net income 4. Ending retained earnings $ 5. Total Assets 1

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