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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.
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