At year-end, the accountant for D. Yee Chiropractic Service noted the following errors in the trial balance: The bookkeeper understated the total credits to the Accounts Payable account by $500 when calculating the account balance. A cash sale for $300 was recorded as a credit to the unearned revenue account, but the service had been provided to the customer at the time of the cash exchange. A cash receipt from a customer for $2,600 was never recorded. The $1,000 balance of the Prepaid Rent account was listed in the credit column of the trial balance. A $25,000 car purchase was recorded as a $20,500 debit to Vehicles and a $20,500 credit to Notes Payable. A purchase of office supplies for $150 was recorded as a debit to Supplies Expense. The offsetting credit entry was correct. An additional investment of $4,000 by D. Yee chiropractic was recorded as a debit to D. Yee, Capital and as a credit to Cash. The payment of the $510 utility bill for December was recorded twice. The revenue account balance of $79,000 was listed on the trial balance as $97,000. A $1,000 withdrawal made by the owner was recorded to the correct accounts as $100.

Using the form below, indicate if each error would cause the trial balance to be out of balance, the amount of any imbalance, and if a correcting entry is required. Amount of Would the error cause the trial balance Yes No Correcting Journal Entry (Yes/No) Imbalance Error ) 2) B) (4) 5) 16 (8) (9) (10) Short Answer Toolbar navigation B / US E32 13