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Q3. From the following ledger balances prepare a Trial Balance: Common stock $ 72,000 Insurance expense $ 600 Accounts Payable $ 4,000 Service Revenue $

Q3. From the following ledger balances prepare a Trial Balance:

  1. Common stock $ 72,000
  2. Insurance expense $ 600
  3. Accounts Payable $ 4,000
  4. Service Revenue $ 80,000
  5. Building $ 48,000
  6. Supplies Expense $ 400
  7. Cash $ 4,000
  8. Salary $ 7,000
  9. Trucks $ 132,000
  10. Fuel expense $ 3,000
  11. Dividends $ 5,400
  12. Utilities expense $ 500
  13. Accounts receivables $ 8,800
  14. Note payable $ 4,000
  15. Supplies $ 300

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