You are presented with the following alphabetical list of accounts and balances (in thousands) for Taggar Enterprises Inc. at June 30, 2018. All accounts have a normal balance.

Instructions
(a) Prepare a trial balance.
(b) If debits equal credits in Taggar's trial balance, do you have reasonable assurance that no errors exist? Explain.

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3,500 Income tax payable 3,000 Interest expense Accounts payable Accounts receivable Accumulated depreciation-buildings4,000 Inventory Accumulated depreciation-equipment1,000 Land Buildings Cash Common shares Cost of goods sold Dividends declared Equipment Income tax expense 15,000 Long-term investments 1,800 Mortgage payable, due 2025 5,000 Office expense 13,700 Prepaid insurance 2,000 Retained earnings 3,000 Sales 1,000 100 100 5,100 7,400 3.550 15,000 3.300 900 6,250 25,000