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An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal. Cullumber Ltd. Trial Balance December 31,
An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal. Cullumber Ltd. Trial Balance December 31, 2020 Debit Credit Cash 19,800 Prepaid Insurance 2,200 Accounts Payable 4,700 Unearned Service Revenue 5,900 Share Capital-Ordinary 16,000 Dividends 6,200 Service Revenue 28,600 Salaries and Wages Expense 21,600 Rent Expense 5,400 47,300 63,100 CULLUMBER LTD. Trial Balance Debit Credit Totals
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