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Prepare a trial balance for the business

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Question - Carlos Young started an engineering firm called Young Engineering. He began operations in March 2020 and completed seven transactions, including his initial investment of $17,000 cash. After these transactions, the ledger included the following accounts with their normal balances:

Cash $26,660

Office Supplies 660

Prepaid Insurance 3,200

Office Equipment 16,500

Accounts Payable 16,500

Carlos Young, Capital 17,000

Carlos Young, Withdrawals 3,740

Engineering Revenue 24,000

Rent Expense 6,740

Required - Prepare a trial balance for the business.

Reference no: EM133114267

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