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Below is the unadjusted trial balance of Ibra wood Industries Oman, which does not balance: Ibra wood industries Unadjusted Trial Balance December 31, 2019 Particulars

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Below is the unadjusted trial balance of Ibra wood Industries Oman, which does not balance: Ibra wood industries Unadjusted Trial Balance December 31, 2019 Particulars (OMR) (OMR) Cash 124,700 Equipment 184,400 Wood 10,000 10,000 Insurance Expense Debtors 170,000 2,15,000 205,100 Accounts Receivable Accounts Payable Capital Creditors Service Revenues Salaries Expense Interest Paid 313,600 80,000 4,02,000 140,000 19,000 9,68,600 Total 9,68,600 The following information is obtained from a review of the record keeping: a. An account payable for OMR 20,300 was incorrectly added as OMR 30,200 b. A debit posting from the journal for OMR 25,000 is missing from the Accounts receivable account. c. An amount of debtors OMR 50,000 is wrongly added in creditors account d. An amount of OMR 30,000 to Service revenue was incorrectly posted as OMR 22.000 e. Debit side of trial balance an item, Interest paid is missing OMR 5,000. f. Wood purchased for OMR 20,000 is wrongly added in Equipment g.Cash account is understated in the ledger accounts by OMR 15,500 Required: Prepare a corrected trial balance. (10 marks) TRIAL BALANCE Particulars Debit Credit

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