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2- The following trial balance of Brian's Pickle Co for June 30, 2010 does not balance. Cash $21,860 Accounts Receivable 35,000 Supplies 3,640 Building 51,000
2- The following trial balance of Brian's Pickle Co for June 30, 2010 does not balance. Cash $21,860 Accounts Receivable 35,000 Supplies 3,640 Building 51,000 Note Payable $15,500 Owners' Equity 30,000 Retained Earnings 10,000 Revenue 39,500 Expenses 25,000 Total $136,500 $95,000 The following errors were discovered: A purchase of supplies for cash was posted as $40 when it should have been $400. The first two numbers of the amount for notes payable were transposed while being copied from the account balance to the trial balance. The correct amount of Notes Payable should be $51,500. A collection of cash was debited to the cash account in the amount of $5,500 but was not credited to the Revenue account. A purchase of supplies for $725 on account was not recorded. Instructions: Please prepare the corrected trial balance
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