Village of Boiling Springs Trial Balance A+ Debit Credit Cash $ 578,000 Supplies 30,000 Land 300,000 Land improvements 400,000 Accumulated depreciation-land improvements $ 20,000 Building 400,000 Accumulated depreciation-building 20,000 Equipment 200,000 Accumulated depreciation-equipment 20,000 Revenue bonds payable 1,200,000 Transfers in 600,000 Operating revenues-charges for services 600,000 Operating expenses-salaries 200,000 Operating expenses-utilities 100,000 Operating expenses-supplies used 120,000 Operating expenses-depreciation 60,000 Nonoperating expenses-interest 72,000 $ 2,460,000 $ 2,460,000