Explain how accounts are listed in the trial balance and the importance of the trial balance in preparing financial statements
Explain how accounts are listed in the trial balance and the importance of the trial balance in preparing financial statements (10 points) and (2) Prepare a trial balance form the following accounts. List the accounts in the proper order.(10 points) Accrued liabilities $10 Revenue $190Accounts receivable $40 Building $100Rent expense $140 Wages payable $30Stockholders’ equity $50