Instructions The following list of accounts was taken from the general ledger of Spencer Corporation on December 31. The bookkeeper thought it would be helpful if the accounts were arranged in alphabetical order. Each account contains the balance that is normal for that type of account; for example, Cash normally has a debit balance. Account Balance Account Balance Accounts Payable $ 7,650 Heat, Light, and Water Expense $ 1,400 Accounts Receivable 5,325 Income Tax Expense 1,700 Automobiles 9,200 Income Taxes Payable 2,500 Buildings 150,000 Interest Revenue 1,300 Capital Stock 100,000 Land 50,000 Cash 10,500 Notes Payable 90,000 Commissions Expense 2,600 Office Salaries Expense 6,000 Commissions Revenue 12,750 Office Supplies 500 Dividends 2,000 Retained Earnings 110,025 Equipment 85,000 Required: 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. Trial Balance Spencer Corporation UNADJUSTED TRIAL BALANCE December 31, 20-- ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Office Supplies 4. Land 5 Automobiles 6 Buildings 7 Equipment 8 Accounts Payable 9 Income Taxes Payable 10 Notes Payable 11 Capital Stock 12 Retained Earnings 13 Commissions Revenue 14 Interest Revenue 15 Commissions Expense 16 Heat, Light, and Water Expense 17 Income Tax Expense 18 Office Salaries Expense 19 Dividends 20 Totals