what is the trial balance?

5) Using the ending balances on the T-Accounts in Point \#2, prepare Mahita's Adjusted Trial Balanro son in. Mahita Corp was established on December 1st, 2022 and completed the following transactions in its first month of operations: A. December 1 Mahita invested $100,000 cash along with a vehicle worth $22,000 in the company in exchange for common stock. The vehicle has a useful life of 10 years and $2,000 salvage value. B. December 2 Purchased $1,200 of office equipment on credit (no salvage value; useful life 6 years). C. December 31 Purchased a small warehouse that consisted of land worth $8,000 and a building valued at $32,000. The purchase is paid for with $6,000 cash and a note payable for $34,000. The building is estimated to have a 20 -year useful life and a salvage value of $12,000. D. December 3 Purchased $300 of office supplies on credit. E. December 4 Completed work for a client and immediately received payment of $900 cash. F. December 8 Completed work for Peet Paper Company on credit, $1,700. G. December 10 Paid for the supplies purchased on credit on December 3. H. December 14 Paid for a 12 -month $960 insurance policy starting coverage immediately. 1. December 16 Received $2,000 in advance from a client for a 30 -day contract to be completed by January 15 J. December 18 Received a $700 partial payment from Peet Paper Company for the work completed on December 8 . The remaining $1,000 will be paid next month. K. December 20 Purchased $200 of office supplies on credit. L. December 30 Paid $175 cash for the December utility bills. M. December 31 The company paid a $1,500 cash dividend The following is Mahita' chart of accounts: Receivable. Contra Assets: Accumulated Depreciation Liabilities: Accounts Payable, Unearned Revenue, Note Payable, Wages Paye lie, inticrest Payable Equity: Common Stock, Dividends Revenue: Service Revenue Expenses: Utilities Expense, Depreciation Expense, Wages Expense, Interest Expense