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Trial Balance Question: - Requirements: Prepare a trial balance using the following account balances: Cash: $30,000 Accounts Receivable: $24,000 Prepaid Rent: $8,000 Equipment: $70,000 Accumulated

  • Trial Balance Question: - Requirements: Prepare a trial balance using the following account balances:
    • Cash: $30,000
    • Accounts Receivable: $24,000
    • Prepaid Rent: $8,000
    • Equipment: $70,000
    • Accumulated Depreciation: $14,000
    • Accounts Payable: $16,000
    • Common Stock: $45,000
    • Retained Earnings: $36,000
    • Service Revenue: $55,000 -
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