Requirements:

• Prepare a trial balance using the following account balances:
  • Cash: $15,000
  • Accounts Receivable: $6,000
  • Prepaid Rent: $2,000
  • Equipment: $20,000
  • Accumulated Depreciation: $5,000
  • Accounts Payable: $8,000
  • Salaries Payable: $1,000
  • Common Stock: $10,000
  • Retained Earnings: $5,000
  • Service Revenue: $12,000