Preparing a trial balance
Oakland Floor Coverings reported the following summarized data at December 31, 2012. Accounts appear in no particular order.
5
|
Revenues
|
$34,000
|
Other liabilities
|
18,000
|
|
Equipment
|
45,000
|
Cash
|
12,000
|
|
Accounts payable
|
2,000
|
Expenses
|
19,000
|
|
Oakland, capital
|
22,000
|
|
|
Requirement
1. Prepare the trial balance of Oakland Floor Coverings at December 31, 2012.