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What Are the Total Assets Shown on the Trial Balance

question 12

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What are the total assets shown on the trial balance below?
Common stock……$120,000 Accounts payable…...$25,000
Cash……………….$116,640 Accounts receivable..$22,450
Supplies………… $ 1,500 Office equipment…...$23,300
Prepaid rent……....$ 3,200 Unearned revenue….$ 4,152
Service revenue.....$ 20,000 Utilities expense…....$ 422
Retained earnings...$ 30,000 Shaving equipment… $31,640

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Definitions:

Nebraska

A state in the central United States known for its agriculture and vast prairies.

Annual Precipitation

The total measure of rainfall and snowfall that an area receives over the course of a year.

Temperate Rain Forest

A coniferous biome characterized by cool weather, dense fog, and high precipitation (e.g., the north Pacific coast of North America).

Temperature Range

The difference between the maximum and minimum temperatures in a given area over a period, important for determining climate conditions.

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