e 3-9 Trial Balance Exercis LO7 The following list of accounts was taken from the general ledger of Spencer Corporation on EXAN December 31. The bookkeeper thought it would be helpful if the accounts were arranged in al phabetical order. Each account contains the balance that is normal for that type of account; for example, Cash normally has a debit balance. Prepare a trial balance as of this date with the accounts arranged in the following order: (1) assets, (2) liabilities, (3) stockholders' equity, (4) revenues, (5) expenses, and (6) dividends Account Sh ho Balance Account Balance $ 1,400 1,700 2,500 1,300 50,000 90,000 6,000 500 110,025 Accounts Payable Accounts Receivable Automobiles Buildings Capital Stock Cash Commissions Expense Commissions Revenue Dividends Equipment $ 7,650 5,325 9,200 Heat, Light, and Water Expense Income Tax Expense Income Taxes Payable 150,000 Interest Revenue 100,000 Land 10,500 2,600 12,750 2,000 85,000 Notes Payable Office Salaries Expense Office Supplies Retained Earnings