Required
On December 31, 2016, Morgan Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance.
Land .............. $30,000
Unearned Revenue ......... 32,000
Dividends ............ 8,000
Prepaid Rent ............ 5,600
Cash ................ 90,000
Salaries Expense ........... 18,000
Accounts Payable .......... 7,000
Common Stock ............ 80,000
Operating Expense ......... 41,000
Office Supplies ........... 2,500
Advertising Expense ......... 3,500
Retained Earnings, 1/1/2016 ...... 9,000
Service Revenue ........... 86,000
Accounts Receivable .......... 15,400