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700 The trial balance of Indah Sdn Bhd shown below does not balance. Indah Sdn Bhd Trial balance as at 31 May 2021 Debit Credit

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700 The trial balance of Indah Sdn Bhd shown below does not balance. Indah Sdn Bhd Trial balance as at 31 May 2021 Debit Credit Cash 3,850 Accounts Receivable 2,750 Prepaid Insurance Equipment 12,000 Building 30,000 Accounts Payable 4,500 Unearned Service Revenue 560 Share Capital 41,700 Service Revenue 8,690 Salaries and Wages Expense 4,200 Advertising Expense 1,100 Utilities Expense 800 48,800 62,050 Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. a) The totals of the debit sides of Prepaid Insurance, Accounts Payable, and Utilities Expense were each understated RM100. b) Transposition errors were made in Accounts Receivable and Service Revenue. Based on postings made, the correct balances were RM2,570 and RM8.960, respectively. c) A debit posting to Salaries and Wages Expense of RM200 was omitted. d) A RM1,000 cash dividend was debited to Share Capital-Ordinary for RM1,000 and credited to Cash for RM1,000. e) A RM520 purchase of supplies on account was debited to Equipment for RM520 and credited to Cash for RM520. 1) A cash payment of RM450 for advertising was debited to Advertising Expense for RM45 and credited to Cash for RM45. g) A collection from a customer for RM420 was debited to Cash for RM420 and credited to Accounts Payable for RM420. Required Prepare a correct trial balance. [20 marks)

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