Award: $5\mathrm{.}00$ points

Exercise $2-17($Algo$)$ Prepare a trial balance $($LO$2-6)$

Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $$2,900$; Prepaid Rent, $$6,400$; Accounts Payable $$3,300$; Common Stock, $$30,000$; Service Revenue, $$24,400$; Salaries Expense, $$7,200$; Accounts Receivable, $$5,100$; Land, $$50,000$; Deferred Revenue, $$1,800$; Retained Earnings, $$20,500$; Supplies Expense, $$8,400.$

Required:

Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders' equity, revenues, and expenses.

$\backslash$table$[[$SOONER COMPANY$],[$Trial Balance$],[$April $30],[$Accounts$,$Debit,Credit$],[-,,],[-,,],[,,],[-,,],[?,,],[-,,],[-,,],[,,],[-,,],[,,],[?,,],[?,,],[,,],[$Totals$,,]]$

References

Financial Statements

Difficulty: $2$ Medium

Exercise $2-17($Algo$)$

Learning Objective: $02-06$

Prepare a trial

Prepare a trial balance.

balance $($LO$2-6)$