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Data Table Cash 14,900 13,400 Accounts receivable 17,200 Inventory 600 Supplies Land 51,000 Accounts payable 12,400 common stock 47,300 Sales revenue 42,700 1,800 Salary expense
Data Table Cash 14,900 13,400 Accounts receivable 17,200 Inventory 600 Supplies Land 51,000 Accounts payable 12,400 common stock 47,300 Sales revenue 42,700 1,800 Salary expense Rent expense 500 600 Utilities expense 100,000 102,400 Total More info a. Recorded a $700 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $1,000 credit to Accounts Payable as $100. c. Did no record u es expense or the related account payable in the amount of $290. d. Understated Common Stock by $300. e. Omitted insurance Expense of $3,600 from the trial balance. Print Done
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