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cant figure this out Trial Balance a. Cash is understated by $1,400. b. A $3,500 debit to Accounts Receivable was posted as a credit. c.
cant figure this out
Trial Balance a. Cash is understated by $1,400. b. A $3,500 debit to Accounts Receivable was posted as a credit. c. A $1,200 purchase of office supplies on account was neither journalized nor posted. d. Equipment was incorrectly transferred from the ledger as $86,300. It should have been transferred as $78,000. e. Salaries Expense is overstated by $400. f. A $900 cash payment for advertising expense was neither journalized nor posted. g. A $240 owner's withdrawal of cash was incorrectly journalized as $2,400. h. Service Revenue was understated by $4,000. i. A 12 -month insurance policy was posted as a $1,000 credit to Prepaid Insurance. Cash was posted correctly. The trial balance of Smart Tots Child Care does not balance. The following errors are delected: (Click the icon to view the trial balancei) (Click the icon to viow the errors:) Prepare the corrected trial balance as of August312024 Journal ontries required Step by Step Solution
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