Question
(Corrected Trial Balance) The following trial balance of Blues Traveler Corporation does not balance. BLUES TRAVELER CORPORATION T RIAL B ALANCE A PRIL 30, 2017
(Corrected Trial Balance) The following trial balance of Blues Traveler Corporation does not balance. BLUES TRAVELER CORPORATION T RIAL B ALANCE A PRIL 30, 2017 Debit Credit Cash $ 5,912 Accounts Receivable 5,240 Supplies 2,967 Equipment 6,100 Accounts Payable $ 7,044 Common Stock 8,000 Retained Earnings 2,000 Service Revenue 5,200 Offi ce Expense 4,320 $24,539 $22,244 An examination of the ledger shows these errors. 1. Cash received from a customer on account was recorded (both debit and credit) as $1,380 instead of $1,830. 2. The purchase on account of a computer costing $3,200 was recorded as a debit to Office Expense and a credit to Accounts Payable. 3. Services were performed on account for a client, $2,250, for which Accounts Receivable was debited $2,250 and Service Revenue was credited $225. 4. A payment of $95 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5,200 instead of $5,280.
From this information prepare a corrected trial balance.
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