Trial Balance Question:

• Requirements: Prepare a trial balance using the following account balances:
  • Cash: $25,000
  • Accounts Receivable: $10,000
  • Inventory: $15,000
  • Equipment: $50,000
  • Accumulated Depreciation: $10,000
  • Accounts Payable: $20,000
  • Common Stock: $40,000
  • Retained Earnings: $25,000
  • Sales Revenue: $60,000