Identify the errors in the following trial balance and prepare a corrected trial balance. All accounts have
Question:
All accounts have normal balances.
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Burgoo Co. Unadjusted Trial Balance For the Month Ended March 31, 2015 Debit Balances Balances Credit Cash Accounts Receivable Equipment. Accounts Payable Salaries Payable Estelle Chatman, Capital Estelle Chatman, Withdrawals Service Revenue Salaries Expense Advertising Expense Miscellaneous Expense 90,000 196, 800 500,000 22,200 15,DOD 518,900 72,000 901,200 393,720 86,400 17,880 1,789,800 ,789,800
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1 The debit column total is added incorrectly The sum is 1123800 rather than 1789800 2 T...View the full answer
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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