Trial Balance Question:

• Requirements: Prepare a trial balance using the following account balances:
  • Cash: $25,000
  • Accounts Receivable: $18,000
  • Prepaid Insurance: $6,000
  • Equipment: $60,000
  • Accumulated Depreciation: $12,000
  • Accounts Payable: $14,000
  • Common Stock: $40,000
  • Retained Earnings: $35,000
  • Service Revenue: $50,000