Exercise 3-19A (Algo) Preparing a trial balance LO 3-3

Required On December 31, Year 2, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance.

\begin{tabular}{lr} Land & $22,850 \\ Unearned Revenue & 16,000 \\ Dividends & 5,300 \\ Prepaid Rent & 5,650 \\ Cash & 60,040 \\ Salaries Expense & 14,000 \\ Accounts Payable & 1,760 \\ Common Stock & 24,000 \\ Operating Expenses & 15,450 \\ Office Supplies & 2,050 \\ Advertising Expense & 2,700 \\ Retained Earnings, Beginning & 14,400 \\ Service Revenue & 78,200 \\ Accounts Receivable & 6,320 \end{tabular} \begin{tabular}{lr} Land & $22,850 \\ Unearned Revenue & 16,000 \\ Dividends & 5,300 \\ Prepaid Rent & 5,650 \\ Cash & 60,040 \\ Salaries Expense & 14,000 \\ Accounts Payable & 1,760 \\ Common Stock & 24,000 \\ Operating Expenses & 15,450 \\ Office Supplies & 2,050 \\ Advertising Expense & 2,700 \\ Retained Earnings, Beginning & 14,400 \\ Service Revenue & 78,200 \\ Accounts Receivable & 6,320 \end{tabular}