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An examination of the ledger shows these errors om a customer on account was recorded (both debit and credit) as $1.260 instead of $1.620. 2.
An examination of the ledger shows these errors om a customer on account was recorded (both debit and credit) as $1.260 instead of $1.620. 2. The pu rchase on account of a computer costing $3,000 was recordedlas a debit to Office Expense and a credit to Accounts Payable. ormed on account for a client $1.800, for which Accounts Receivable was debited $1,800 and Service Revenue was credited 5180. 4. A payment of s60 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5.200 instead of $5,250. From this information prepare a corrected trial balance. An examination of the ledger shows these errors om a customer on account was recorded (both debit and credit) as $1.260 instead of $1.620. 2. The pu rchase on account of a computer costing $3,000 was recordedlas a debit to Office Expense and a credit to Accounts Payable. ormed on account for a client $1.800, for which Accounts Receivable was debited $1,800 and Service Revenue was credited 5180. 4. A payment of s60 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5.200 instead of $5,250. From this information prepare a corrected trial balance
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