·Trial Balance Question:

• Requirements:
  • Prepare a trial balance using the following account balances:
    • Cash: $25,000
    • Accounts Receivable: $11,000
    • Prepaid Rent: $6,000
    • Equipment: $55,000
    • Accumulated Depreciation: $17,000
    • Accounts Payable: $22,000
    • Salaries Payable: $4,000
    • Common Stock: $48,000
    • Retained Earnings: $40,000
    • Service Revenue: $35,000