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Account Title Total Smart Tots Child Care Trial Balance August 31, 2024 Balance Debit More info Credit a. Cash is understated by $1,400. b.
Account Title Total Smart Tots Child Care Trial Balance August 31, 2024 Balance Debit More info Credit a. Cash is understated by $1,400. b. A $4,400 debit to Accounts Receivable was posted as a credit c. A $800 purchase of office supplies on account was neither journalized nor posted. d. Equipment was incorrectly transferred from the ledger as $87,400. It should have been transferred as $79,500. e. Salaries Expense is overstated by $400. f. A $500 cash payment for advertising expense was neither journalized nor posted. g. A $210 cash dividend was incorrectly journalized as $2,100. h. L Service Revenue was understated by $4,900. A 12-month insurance policy was posted as a $1,700 credit to Prepaid Insurance. Cash was posted correctly Print Done
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