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Below is the unadjusted trial balance for Dawson Designs Dawson Designs Co. Unadjusted Trial Balance For the Month of January Debits Credits Cash 23,000 49,700

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Below is the unadjusted trial balance for Dawson Designs Dawson Designs Co. Unadjusted Trial Balance For the Month of January Debits Credits Cash 23,000 49,700 11,300 150,500 6,050 Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salanes Payable Common Stock Dividends Service Revenue Salary Expense Miscellaneous Expense 4,250 110,000 18,500 236,600 98,930 4,970 424,020 424,020 Required: 1. Identify the errors in the above trial balance. All accounts have normal balances What should the correct balance be for the trial balance in both the debit and credit columns? What should the correct balance be for the trial balance in both the debit and credit columns? Debits Credits 2. Prepare a corrected trial balance. If an amount box does not require an entry, leave it blank. Dawson Designs Co. Unadjusted Trial Balance January 31 Debits Credits Cash

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