SA blox Question 2 (25 marks) XYZ Instruments, Inc, sells musical instruments. On December 31, 2019, after its first month of business, XYZ Instruments, Inc. had the following balances in its accounts, listed alphabetically. Accounts Receivable $5,000 Accounts Payable 15,000 Advertising Expense 2,000 Building 17,500 Cash Common Stock 200,000 Dividends 6000 Equipment 10,000 Land 350,000 5 Page BE 2 1 0/4 STMA SPRING 2019/2020 Notes Payable Office Supplies Salaries Expense Service Revenue Utilities Expense 50,000 3.700 3,000 45,000 4,050 Instructions: Determine the balance in the cash account and prepare the trial balance. SA blox Question 2 (25 marks) XYZ Instruments, Inc, sells musical instruments. On December 31, 2019, after its first month of business, XYZ Instruments, Inc. had the following balances in its accounts, listed alphabetically. Accounts Receivable $5,000 Accounts Payable 15,000 Advertising Expense 2,000 Building 17,500 Cash Common Stock 200,000 Dividends 6000 Equipment 10,000 Land 350,000 5 Page BE 2 1 0/4 STMA SPRING 2019/2020 Notes Payable Office Supplies Salaries Expense Service Revenue Utilities Expense 50,000 3.700 3,000 45,000 4,050 Instructions: Determine the balance in the cash account and prepare the trial balance