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An inexperienced bookkeeper prepared the following trial balance. Sheridan Company Trial Balance December 31, 2022 Debit Credit Cash $10,350 Prepaid Insurance $3,310 Notes Payable

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An inexperienced bookkeeper prepared the following trial balance. Sheridan Company Trial Balance December 31, 2022 Debit Credit Cash $10,350 Prepaid Insurance $3,310 Notes Payable 2,040 Accounts Payable 3,010 Owner's Capital 9,150 Owner's Drawings 4,440 Service Revenue 24,630 Salaries and Wages Expense 18,530 Rent Expense 2,200 $30,920 $46,740 Prepare a correct trial balance, assuming all account balances are normal. Totals SHERIDAN COMPANY Trial Balance Debit Credit $ $ $ $

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