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2. In the following trial balance for R. Romez Company, certain accounts have been recorded improperly; therefore, it does not balance. Prepare the corrected trial
2. In the following trial balance for R. Romez Company, certain accounts have been recorded improperly; therefore, it does not balance. Prepare the corrected trial balance
R. Romnez Company Trial balance December 31, 1988 DR CR Cash $ 26,000.00 Accounts receivable $ 14,000.00 Supplies $ 6,000.00 Equipment $ 12,000.00 Accounts payable $ 14,000.00 R.Romez, Capital $ 30,000.00 R, Romez, Drawing $ 4,000.00 Fees income $38,000.00 Rent expense $ 6,000.00 Supplies expense $ 2,000.00 Salaries expense $12,000.00 $104,000.00 $60,000.00Step by Step Solution
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