From the general ledger account balances given below, listed in alphabetical order, (a) identify the normal balance of each account, and (b) prepare a trial balance for Carland Inc. at June 30, 2021. All accounts have a normal balance.

Accounts payable$ 3,000

Equipment$17,000

Accounts receivable4,000

Income tax expense400

Accumulated depreciationequipment3,600

Rent expense1,000

Cash4,400

Retained earnings12,650

Common shares10,000

Salaries expense4,000

Deferred revenue150

Service revenue7,600

Dividends declared200

Trading investments6,000