Trial Balance Question: - Requirements: Prepare a trial balance using the following account balances: Cash: $55,000 Accounts
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Question:
·Trial Balance Question: - Requirements:
- Prepare a trial balance using the following account balances:
- Cash: $55,000
- Accounts Receivable: $33,000
- Prepaid Insurance: $22,000
- Equipment: $110,000
- Accumulated Depreciation: $35,000
- Accounts Payable: $44,000
- Salaries Payable: $7,000
- Common Stock: $88,000
- Retained Earnings: $77,000
- Service Revenue: $66,000 -
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