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Trial Balance Question: - Requirements: Prepare a trial balance using the following account balances: Cash: $48,000 Accounts Receivable: $36,000 Prepaid Rent: $24,000 Equipment: $120,000 Accumulated

ยทTrial Balance Question: - Requirements:

  • Prepare a trial balance using the following account balances:
    • Cash: $48,000
    • Accounts Receivable: $36,000
    • Prepaid Rent: $24,000
    • Equipment: $120,000
    • Accumulated Depreciation: $42,000
    • Accounts Payable: $54,000
    • Salaries Payable: $10,000
    • Common Stock: $96,000
    • Retained Earnings: $84,000
    • Service Revenue: $72,000 -

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