make a corrected trial balance for Howard Company. All accounts should have a normal balance.

HOWARD COMPANY

Trial Balance

For the Quarter Ended 3/31/20

Debit

Credit

Cash

$13,000Accounts Receivable$25,000Prepaid Insurance2,500Equipment62,000Accounts Payable16,000Unearned Service Revenue12,000Notes Payable25,000Owner's Capital40,000Owner's Drawings1,500Service Revenue40,000Salaries and Wages Expense14,000Utilities Expense5,000Rent Expense10,000$118,500$147,500