E2-24A. (Learning Objective 6: Construct and use a trial balance) The trial balance of Harper, Inc., at September 30, 2016, does not balance:

The accounting records hold the following errors: a. Recorded a $500 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $3,000 credit to Accounts Payable as $300. c. Did not record utilities expense or the related account payable in the amount of $240. d. Understated Common Stock by $100. e. Omitted Insurance Expense of $3,700 from the trial balance.

Cash Accounts receivable Inventory Supplies Land 14,500 12,600 16,800 50,000 $12,000 47,100 40,000 Salary expense Rent expensc Utilities expense Total 2,400 900 800 $98,200 $99,100