Page: 8 of 14 - + Automatic Zoom Step 4 Prepare a Pre-Closing Trial Balance to determine that the accounts in the General Ledger are in balance. Utilizing the General Ledger account balances shown in the GRAY CO workbook, prepare Gray Co.'s Pre-Closing Trial Balance Pre-Closing Trial Balance Account Name Debit Credit Cash Accounts Receivable Inventory Equipment Accounts Payable Note Payable Interest Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Wages Expense Rent Expense Interest Expense Total