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E2-69 (similar to) The trial balance of 4RG, Inc., at October 31, 2018, does not balance. (Click the icon to view the accounts that
E2-69 (similar to) The trial balance of 4RG, Inc., at October 31, 2018, does not balance. (Click the icon to view the accounts that do not balance.) Read the requirements. Requirement 1. Prepare a trial balance for the ledger accounts of 4RC 4RG, Inc. Trial Balance (out of balance) October 31, 2018 Total Account Balance Debit Credit Accounts Cash $ 4,600 Common stock... $ 19,500 Accounts receivable 7,000 Retained earnings. 1,500 Land..... 26,100 Service revenue.. 9,600 Accounts payable 6,800 Salary expense 3,400 Note payable.. 6,000 Advertising expense 1,300 Requirements Print Done 1. Prepare a trial balance for the ledger accounts of 4RG, Inc. as of October 31, 2. 2018. Determine the out-of-balance amount. The error lies in the Accounts Receivable account. Add the out-of-balance amount to, or subtract it from, Accounts Receivable to determine the correct balance of Accounts Receivable. After correcting Accounts Receivable, advise the top management of 4RG, Inc., on the company's a. total assets. b. total liabilities. c. net income or net loss for October. Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All Print Done Check Anewor P
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