Child Life Child Care Trial Balance August 31, 2018 Balance Debit Credit $ 8,720 7,500 600 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Notes Payable 2,200 89,600 3,500 59,000 Common Stock 52,000 Dividends 3,780 Service Revenue 2,300 Salaries Expense 3,400 700 Rent Expense $ 116,500 $ 116,800 Total * More Info a. o. Cash is understated by $1,800. b. A $4,500 debit to Accounts Receivable was posted as a credit. A $1,100 purchase of office supplies on account was neither journalized nor posted d. Equipment was incorrectly transferred from the ledger as $89,600. It should have been transferred as $81,000. Salaries Expense is overstated by $200. f. A $200 cash payment for advertising expense was neither journalized nor posted. g. A $120 cash dividend was incorrectly journalized as $1,200. h. Service Revenue was understated by $3,500. i. A 12-month insurance policy was posted as a $900 credit to Prepaid Insurance. Cash was posted correctly. e. Print Done The trial balance of Child Life Child Care does not balance. E (Click the icon to view the trial balance.) The following errors are detected: Click the icon to view the errors.) Prepare the corrected trial balance at August 31, 2018. Journal entries are not required. Child Life Child Care Trial Balance August 31, 2018 Balance Debit Credit Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Advertising Expense 59,000 52,000 700 200 Total