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Blues Traveler Corporation Trial Balance (Corrected) April 30, 2014 The trial balance of Blues Traveler Corporation does not balance. An examination of the ledger shows
Blues Traveler Corporation Trial Balance (Corrected) April 30, 2014
The trial balance of Blues Traveler Corporation does not balance. An examination of the ledger shows these errors. Cash received from a customer on account was recorded (both debit and credit) as $1,633 instead of $2,083. The purchase on account of a computer costing $2,204 was recorded as a debit to Office Expense and a credit to Accounts Payable. Services were performed on account for a client, $2,503, for which Accounts Receivable was debited $2,503 and Service Revenue was credited $478. A payment of $348 for telephone charges was entered as a debit to Office Expense and a debit to Cash. The Service Revenue account was totaled at $5,453 instead of $5,533. From this information, prepare a corrected trial balanceStep by Step Solution
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