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Calculator Errors in Trial Balance An Unadjusted Trial Balance for Mascot Co. for the month ending July 31, 2019, is provided below. Mascot Co. Unadjusted
Calculator Errors in Trial Balance An Unadjusted Trial Balance for Mascot Co. for the month ending July 31, 2019, is provided below. Mascot Co. Unadjusted Trial Balance For the Month Ending July 31, 2019 Debit Balances Credit Balances Cash 91,900 Accounts Receivable 201,140 Prepaid Insurance 43,520 Equipment 614,000 23,210 15,470 Accounts Payable Salaries Payable Ken Frye, Capital Ken Frye, Drawing 527,000 73,490 Fees Earned 967,000 402,260 Salary Expense Advertising Expense 88,000 Miscellaneous Expense 18,370 1,872,100 1,872,100 Identify the errors in the above trial balance. All accounts have normal balances. After identifying the errors, prepare a corrected unadjusted trial balance. For those boxes in which no Miscellaneous Expense 18,370 1,872,100 1,872,100 Identify the errors in the above trial balance. All accounts have normal balances. After identifying the errors, prepare a corrected unadjusted trial balance. For those boxes in which no entry is required, leave the box blank. Mascot Co. Unadjusted Trial Balance July 31, 2019 Credit Balances Balances Debit Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salaries Payable Ken Frye, Capital Ken Frye, Drawing Fees Earned Salary Expense Advertising Expense Miscellaneous Expense Previous
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