Phair and Associates Is a Financial Planning Service Instructions
Prepare a Trial Balance with the Accounts Arranged in Balances

Phair and Associates is a financial planning service. The account balances at December 31 2016 are shown by the following alphabetical list: $\begin{array}{lr}\text { Accounts Payable } & 5,000 \\\text { Accounts Receivable } & 19,000 \\\text { Buildings } & 140,000 \\\text { Cash } & 11,700 \\\text { Equipment } & 31,300\\\text { Land } & 42,000 \\\text { Owner's Capital } & 152,900 \\\text { Notes Payable } & 95,000 \\\text { Notes Receivable } & 8,100 \\\text { Supplies } & 800\end{array}$ Instructions
Prepare a trial balance with the accounts arranged in financial statement order.