S2-10 Preparing a trial balance [10 min] Oakland Floor Coverings, Inc., reported the following summarized data at December 31, 2012. Accounts appear in no particular order.

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S2-10 Preparing a trial balance [10 min] Oakland Floor Coverings, Inc., reported the following summarized data at December 31, 2012. Accounts appear in no particular order.

• Revenues $34,000
• Equipment 45,000
• Accounts payable 2,000
• Common stock 22,000
• Other liabilities $18,000
• Cash 12,000
• Expenses 19,000

Requirement
1. Prepare the trial balance of Oakland Floor Coverings at December 31, 2012.