=+ (a) is presented as an example. Net Total Total Total Income Assets Liabilities Owners Equity Reported

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=+

(a) is presented as an example.

Net Total Total Total Income Assets Liabilities Owner’s Equity Reported amounts $135,800 $750,000 $250,000 $500,000 Corrections:

Adjustment

(a) 6,700 6,700 0 6,700 Adjustment

(b) _________ _________ _________ _________ Adjustment

(c) _________ _________ _________ _________ Adjustment

(d) _________ _________ _________ _________ Corrected amounts _________ _________ _________ _________ _________ _________ _________ _________

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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