Use the information in the ledger accounts. Cash Nov. 1 144,000
Nov. 8 40,320
Nov. 25 14,400
Nov. 30 1,680
Land Nov. 8 84,000
Building Nov. 8 70,320
Office Equipment Nov. 15 3,840
Nov. 21 576
Vehicles Nov. 30 11,280
Notes Payable Nov. 25 14,400
Nov. 8 114,000
Nov. 30 9,600
Accounts Payable Nov. 21 576
Nov. 15 3,840
Capital Stock
Nov. 1 144,000
Prepare a trial balance for Avenson Insurance Company dated November 30.

Avenson Insurance Company

Trial Balance as at 30 November

                                                         Debit          Credit

                                                            $                  $

Cash                                                 1,680

Land                                              84,000

Building                                         70,320

Office Equipment                          21 576

Vehicles                                         11,280

Notes Payable                                                    9,600

Accounts Payable                                               3,840

Capital Stock                                                    144,000

Total                                            $188,856   $157,440

Explanation:

A trial balance is prepared as at the end of the financial year. It is used to check the arithmetical accuracy of double entry.

Consider only the balances at the date of financial year end - November 30.

answera public company has access to more capital;