2 The trial balance of Ron Salem Co. shown below does not balance. Ron Salem Co. Trial Balance June 30, 2014 Debit Cash Credit $ 3,840 Accounts Receivable $ 2,898 Supplies 800 Equipment 3,000 Accounts Payable 2,666 Unearned Service Revenue 2,200 Share Capital-Ordinary 9,000 Dividends 800 Service Revenue 2,380 Salaries and Wages Expense 3,400 Utilities Expense 910 $14,008 $17,886 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer in payment of its account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750. 2. The purchase of a computer on account for $620 was recorded as a debit to Supplies for $620 and a credit to Accounts Payable for $620. 3. 4. 5. Services were performed on account for a client for $890. Accounts Receivable was debited for $890, and Service Revenue was credited for $89. A debit posting to Salaries and Wages Expense of $700 was omitted. A payment of a balance due for $309 was credited to Cash for $309 and credited to Accounts Payable for $390. 6. The payment of a $600 cash dividend was debited to Salaries and Wages Expense for $600 and credited to Cash for $600. Instructions: Prepare a correct trial balance. (Hint: It helps to prepare the correct journal entry for the transaction described and compare it to the mistake made.)