ARACEL ENGINEERING
Trial Balance
June 30
Debit
Credit
Cash
38,000
Accounts receivable
3,500
Prepaid insurance
10,450
Office equipment
90,000
Drafting equipment
60,000
Building
54,000
Land
$\hspace{0.2cm}1,664
Accounts payable
63,500
Notes payable
255,400
Common stock
9,130
Dividends
57,400
Services revenue
2,800
Wages expense
5,464
Advertising expense
1,135
Repairs expense
$\hspace{0.2cm}274,479
$\hspace{0.2cm}377,964
Totals