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Kindly answer step by step, will upvote if the Total Assets = Liabilities + Equity based on the trial balance sheet and answer is correct

Kindly answer step by step, will upvote if the Total Assets = Liabilities + Equity based on the trial balance sheet and answer is correct . Thank you!

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From the trial balance, compute the following and show the WORKINGS:

  1. Total Assets
  2. Total Liabilities
  3. Net Profit
TRIAL BALANCE OF LINDA CONSULTING FOR THE MONTH AS OF 28 FEBRUARY 2022 Debit Credit Cash $725,000 $78,000 Office Equipment $20,000 Office Supplies $5,000 Prepaid Advertising Expense $30,000 Prepaid Rent Expense $20,000 Accumulated Office Equipment Depreciation $500 Business Loan Payable $100,000 Accounts Payable $5,000 $5,000 Bank Loan Payable $500,000 Utilities Payable $200 Unearned Revenue $25,000 Owner's Capital $50,000 Salary Expense $8,000 Office Supplies Purchase Returns $5,000 Utility Expense $200 T Depreciation Office Equipment Expense $500 Service Revenue $50,000 TOTAL $813,700 $813,700

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