·Trial Balance Question: - Requirements:

• Prepare a trial balance using the following account balances:
  • Cash: $50,000
  • Accounts Receivable: $35,000
  • Prepaid Insurance: $25,000
  • Equipment: $130,000
  • Accumulated Depreciation: $60,000
  • Accounts Payable: $70,000
  • Salaries Payable: $12,000
  • Common Stock: $140,000
  • Retained Earnings: $120,000
  • Service Revenue: $100,000 -