The accounts of the Barnes Service Corporation as of October 31, 20xx are listed below in alphabetiLO 7 Preparing a Trial Balance cal order. The amount of Accounts Payable is omitted.

Prepare a trial balance with the proper heading (see Exhibit 2-6) and with the accounts listed in the chart of accounts sequence (see Exhibit 2-1). Calculate the balance of Accounts Payable.

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Accounts Payable Land 10,400 Accounts Receivable 6,000 Notes Payable 40,000 Building 68,000 Prepaid Insurance 2,200 Cash 18,000 Retained Earnings 22,900 Equipment 24,000 Share Capital 40,000