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Credit Trial Balance April 30, 2020 Debit $6,632 5,600 3,327 6,460 Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office
Credit Trial Balance April 30, 2020 Debit $6,632 5,600 3,327 6,460 Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense $7,404 8,360 2,360 5,560 4,680 $26,699 $23,684 An examination of the ledger shows these errors. 1. 2. 3. Cash received from a customer on account was recorded (both debit and credit) as $1,940 instead of $2,210. The purchase on account of a computer costing $3,080 was recorded as a debit to Office Expense and a credit to Accounts Payable. Services were performed on account for a client, $2,610, for which Accounts Receivable was debited $2,610 and Service Revenue was credited $585. A payment of $455 for telephone charges was entered as a debit to Office Expense and a debit to Cash. The Service Revenue account was totaled at $5,560 instead of $5,640. 4. 5. Trial Balance April 30, 2020 Debit Credit Cash $ $ $ Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense 4,680 Totals $ $ $
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