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/2010/signments/29121 The trial balance of Winter Co.does not balance: WINTER CO. Trial Balance June 30, 2021 Debit Credit Cash $2.720 Accounts receivable 2.088 Supplies 485

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/2010/signments/29121 The trial balance of Winter Co.does not balance: WINTER CO. Trial Balance June 30, 2021 Debit Credit Cash $2.720 Accounts receivable 2.088 Supplies 485 Equipment $7,865 Accounts payable 2.571 Unearned revenue 1,830 F. Winter, capital 11,111 F. Winter, drawings 785 Service revenue 3.430 Office expense 995 Salaries expense 2,965 $11.868 $24.977 Your review of the ledger reveals that each account has a normal balance. You also discover the following errors 1. Cash received from a customer on account was debited to Cash for 5430 and Accounts Receivable was credited for the same amount. The actual collection was $340, 2. The purchase of supplies on account for $350 was recorded as a debit to Equipment for $350 and he credit to Accounts Payable for $350. 3. Services of $800 were performed on account for a client. Accounts Receivable was debited for $80 and Service Revenue was credited for SHOO. 4. A debit posting to Office Expense of $490 was not done. 5. A payment on account for $403 was credited to Cash for $403 and debited to Accounts Payable for $304 6. The withdrawal of $390 cash for Winter's personal use was debited to Salaries Expense for $300 and credited to Cash for $390. 7. A transposition error (reversal of digits) was made when copying the balance in Service Revenue to the trial balance. The correct balance recorded in the account wan 54,330 8. The general ledger contained a Prepaid Insurance account with a debit balance of $630, Prepare a correct trial balance. WINTER CO. Prepare a correct trial balance. WINTER CO. Trial Balance June 30, 2021 Debit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue F. Winter, Capital F. Winter, Drawings Service Revenue Office Expense Salaries Expense Totals e Textbook and Media 9 Chapter 2 Assignm. DOLL

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