Question 3 (35 marks) Instructions: Determine the balance in the cash account and prepare the trial balance. (15 marks). Accounts Payable $ 12,000 Accounts Receivable 15,000 Advertising Expense 1,000 Building 150,000 Cash ?

Common Stock 100,000

Dividends 4,000

Equipment 30,000

Land 60,000

Notes Payable 125,000

Office Supplies 3,500

Salaries Expense 3,500

Service Revenue 104,000

Utilities Expense 2,000