DDI e foll s of the accounts listed in the trial balance. and enter the opening balances for 20 (b) entries to record each of the January transactions, (omit explanations (c) Post the journal entries to the accounts in the ledger (Add accounts as trial balance to als (d) Prepare a trial balance as of January 31. 2015 P2-MA The trial balance of Dominic Company shown below does not balance. DOMINIC COMPANY Trial Balance May 31, 2015 Credit 3.850 Accounts Receivable Prepaid Insurance 12,000 Equipment Accounts Payable 560 Unearned Service Revenue 11,700 Stoc Service Revenue Salaries and wages Expense 4,200 1,100 Advertising Expense 8000 Utilities Expense $30,800 Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. Payable, Expense 1. The totals of the debit sides of Prepaid Insurance, Accounts and Utilities were each understated $100. Service Revenue. Based on 2. Transposition errors were made in Accounts Receivable and respectively. postings made, the correct balances were $2,570 $8,960, 3. A debit posting to Salaries and Wages Expense of $200 was omitted. credited to Cash 4. A $1,000 cash dividend was debited to Common Stock for $1,000 and 5. for $1,000. account was debited to Equipment for s520 and credited A 5520 purchase of supplies on to Cash for debited to Advertising Expense for $45 and 6. A cash payment of $450 for advertising was credited to for $45. Cash for s420 and credited to 7. A collection from a customer for $420 was debited to Accounts Payable for $420. Instructions halonon Note that the chart of accounts includes the following