Trial Balance The following list of accounts was taken from the general ledger of Spencer…

Trial Balance

The following list of accounts was taken from the general ledger of Spencer Corporation on

December 31, 2008. The bookkeeper thought it would be helpful if the accounts were arranged

in alphabetical order. Each account contains the balance that is normal for that type of account;

for example, Cash normally has a debit balance. Prepare a trial balance as of this date with

the accounts arranged in the following order: (1) assets, (2) liabilities, (3) stockholders’ equity,

(4) revenues, (5) expenses, and (6) dividends.