an inexpereinced bookkeeper prepared the following trial balance

Question 7 An inexperienced bookkeeper prepared the following trial balance. Credit $3,500 3,000 SHAUSHANK COMPANY Trial Balance December 31, 2020 Debit Cash $10,600 Prepaid Insurance Accounts Payable Unearned Service Revenue 2,200 Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense 18,600 Rent Expense $31,400 9,000 4,500 25,400 2,400 $47,800 Prepare a correct trial balance, assuming all account balances are normal. SHAUSHANK COMPANY Trial Balance December 31, 2020 Debit Credit Cash $ 10600 Polin Hann Prepare a correct trial balance, assuming all account balances are normal. SHAUSHANK COMPANY Trial Balance December 31, 2020 Debit Credit Cash $ 10600 Prepaid Insurance 3500 Accounts Payable 3000 Unearned Service Revenue 2200 9000 Owner's Capital Owner's Drawings 4500 Service Revenue Salaries and Wages Expense Rent Expense Totals