August 31, 2011 Debit Balances Credit Balances Cash 62,740 29,490 Accounts Receivable Prepaid Insurance Equipment 10,600 9,900 Accounts Payable Unearned Rent 17,190 3,830 Common Stock 56,210 Retained Earnings 51,700 13,200 Dividends 111,050 55,700 Service Revenue Wages Expense Advertising Expense Miscellaneous Expense 9,540 1,880 Totals 232,780 200,250 When the ledger and other records are reviewed, you discover the following: (1) the debts and credits in the cash account total 562,740 and $45,050, respectively: (2) a billing of $3,330 to a customer on account was not posted to the accounts receivable account; (3) a payment of $2,380 made to a creditor on account was not posted to the accounts payable account; (4) the balance of the unearned rent account is $6,660; (5) the correct balance of the equloment account is $99.000: and (6) each account has a normal balance. Debit Balances Credit Balances Cash 0 Accounts Receivable 0 Prepaid Insurance 0 Equipment 0 Accounts Payable 0 Unearned Rent 0 Common Stock 0 Retained Earnings 0 Dividends Service Revenue 0 Wages Expense 0 Advertising Expense 0 Miscellaneous Expense 0