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Case 3 Below is the unadjusted trial balance of Ibra Sweets House ,Muscat, which does not balance: Case 3 Below is the unadjusted trial balance

Case 3 Below is the unadjusted trial balance of Ibra Sweets House ,Muscat, which does not balance:

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Case 3 Below is the unadjusted trial balance of Ibra Sweets House ,Muscat, which does not balance: Ibra Sweets House Unadjusted Trial Balance December 31, 2019 Accounts Cash Debit (OMR) Credit (OMR) 130.00 Insurance Expense 20.000 Accounts Payable Capital 207.20 321. Proud Rent Service Revenues Salaries E Interest Paid Totals 32 500 1.150.500 7.66.400 The following information is obtained from a review of the record keeping process: a. An amount for cash received for OMR 25,300 was incorrectly added as OMR $2,300 b. A credit posting from the journal for OMR 35,000 is missing from account payable. c. An amount of creditors OMR 100,000 is wrongly added in debtors account. d. A debit posting of OMR 24,000 to Salary expense was incorrectly posted as OMR 42,000 e. Credit side of trial balance an item, Interest received is missing OMR 10,000. f. Service revenues are understated in the ledger accounts by OMR 209,600. g. Machinery is overstated in the ledger accounts by OMR 24,400 Question No. 4 Required: Prepare a corrected trial balance, (10 marks) TRIAL BALANCE Question No. 4 Required: Prepare a corrected trial balance. (10 marks) TRIAL BALANCE Particulars Debit Credit Case 4

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