Corrected Trial Balance

Debit

Credit

Cash

$$4,800$

Accounts Receivable

$$2,750$

Prepaid Insurance

$$800$

Equipment

$$8,000$

Accounts Payable

$$4,400$

Property Taxes payable

$$560$

Owner capital

$$12,700$

Owner's drawing

$$1,500$

Service Revenue

$$6,690$

Salaries and wage expense

$$4,200$

Advertising expense

$$1,400$

Property tax expense

$$900$

Totals

$$24,350$

$$24,350$