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Current Attempt in Progress Terry Jackson, the owner of Kingbird Mountain Tours, prepared the following trial balance at March 3 1 , 2 0 2
Current Attempt in Progress
Terry Jackson, the owner of Kingbird Mountain Tours, prepared the following trial balance at March
A review shows that Terry made the following errors in the accounting records:
A purchase of $ of supplies on account was recorded as a credit to Cash. The debit entry was correct.
A $ credit to Accounts Receivable was posted as $
A journal entry to record service revenue of $ earned on account was not prepared or posted.
A journal entry to record the payment of $ for an advertising expense was correctly prepared but the credit to cash was
posted as a debit. The debit to Advertising Expense was properly posted.
Prepare the correct trial balance at March using the format shown in the chapter. Hint:You should also make sure that the
account balances are recorded in the correct columns on the trial balance.
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