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7. The inexperienced accountant of Alsaid Repair Shop has prepared the following incorrect Trial 2 x 4 marks = 8 marks) Balance. He believes the
7. The inexperienced accountant of Alsaid Repair Shop has prepared the following incorrect Trial 2 x 4 marks = 8 marks) Balance. He believes the account balances are correct, but not sure if he could correctly separate the debit and credit account balances. Alsaid Repair Shop Trial Balance For the month ended on 30th April 2021 Account title Debit Credit Cash 6000 Owner's Equity 12000 Equipment Account 4000 Office Rent Expense 1000 Supplies 500 Advertising Expense 500 Account Payable 1000 Service Revenue 5500 Drawings 3000 Salaries Expense 1000 3000 Notes Payable Utilities Expense 1500 6000 Account Receivable 2000 Salaries Payable Total 22500 24500 Required: You are required to prepare a correct Trial Balance of Alsaid Repair Shop
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