Corrected Trial Balance The Colby Group has the following unadjusted trial balance as of August 31, 20 Y8. The debit and credit totals are not equal as a result of the following errors: a. The balance of cash was overstated by $11,000. b. A cash receipt of $9,500 was posted as a debit to Cash of $5,900. c. A debit of $3,900 to Accounts Receivable was not posted. d. A retum of $528 of defective supplies was erroneously posted as a $582 credit to Supplies. e. An insurance policy acquired at a cost of $900 was posted as a credit to Prepaid Insurance. f. The balance of Notes Payable was overstated by $10,000. 9. A credit of $1,620 in Accounts Payable was overlooked when determining the balance of the account. h. A debit of $2,800 for a withdrawal by the owner was posted as a debit to Terry Colby, Capital. 1. The balance of $14,500 in Advertising Expense was entered as $15,400 in the trial balance. j. Gas, Electricity, and Water Expense, with a balance of $3,430, was omitted from the trial balance. Required: 1. Prepare a corrected unadfusted trial balance as of August 31,20YB. If an amount. box does not require an entry, leave it blank. The debit and credit totals are not equal as a result of the following errors: a. The balance of cash was overstated by $11,000. b. A cash receipt of $9,500 was posted as a debit to Cash of $5,900. c. A debit of $3,900 to Accounts Receivable was not posted. . A retum of $528 of defective supplies was erroneously posted as a $582 credit to Supplies. e. An insurance policy acquired at a cost of $900 was posted as a credit to Prepaid Insurance. f. The balance of Notes Payable was overstated by $10,000. 9. A credit of $1,620 in Accounts Payable was overlooked when determining the balance of the account. h. A debit of $2,800 for a withdrawal by the owner was posted as a debit to Terry Colby, Capital. i. The balance of $14,500 in Advertising Expense was entered as $15,400 in the trial balance. j. Gas, Electricity, and Water Expense, with a balance of $3,430, was omitted from the trial balance. Required: 1. Prepare a corrected unadjusted trial balance as of August 31, 20r8. If an amount box does not require an entry, leave it blank. The Colby Group 2. Does the fact that the unadjusted trial balance in (1) is balanced mean that there are no errors in the accounts