Shown below is the trial a) No interest has bee b) The equipment originally cost $ 190,000 seful life of 6 years On June 1 the comp ce policy and paid a $1.800 pr d) On October 1 the company sold a 12-month service contract to a client for $17,000 and recorded it as Defer SHERIDAN CO Trial Balance as at December 31, 2024 Debit Credit Cash $22.200 Accounts Recon 27 400 Prepaid insurance 1.890 Equipment 190.000 Accumulated Depre $5,700 Accounts Payable 14,000 Notes Payable 18,000 Deferred Revenue 17,000 Common Shares Retained Earnings 86.800 Sales & Service Reverse Salaries 23.209 Supplies Expense