The Ferraro Construction Corporation builds foundations for buildings and parking lots. The fol-

LO 7 Preparing a Trial Balance lowing alphabetical list shows the account balances as of November \(30,20 \mathrm{xx}\).

Prepare a trial balance for the company with the proper heading and with the accounts in balance sheet sequence. Determine the correct balance for the Cash account on November \(30,20 \mathrm{xx}\).

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Accounts Payable 11,700 Office Van 6,600 Accounts Receivable 30,360 Prepaid Insurance 13,800 Cash ? Retained Earnings 30,000 Construction Supplies 5,700 Revenue Earned 52,200 Dividends 23,400 Share Capital 90,000 Electricity Expense 1,260 Supplies Expense 21,600 Equipment 73,500 Wages Expense 26,400 Notes Payable 60,000