Question
E3.3 (Corrected Trial Balance) The following trial balance of Scarlatti Corporation does not balance. Scarlatti Corporation Trial Balance April 30, 2019 Debit Credit Cash
E3.3 (Corrected Trial Balance) The following trial balance of Scarlatti Corporation does not balance. Scarlatti Corporation Trial Balance April 30, 2019 Debit Credit Cash $ 5,912 Accounts Receivable 5,240 Supplies 2,967 Equipment 6,100 Accounts Payable 7,044 Shares Capital, Ordinary 8,000 Retained Earnings 2,000 Service Revenue 5,200 Office Expense 4,320 $24,539 $22,244 An examination of the ledger shows these errors. 1. Cash received from a customer on account was recorded (both debit and credit) as $1,580 instead of $1,850. 2. The purchase on account of a computer costing $1,900 was recorded as a debit to Office Expense and a credit to Accounts Payable. 3. Services were performed on account for a client, $2,250, for which Accounts Receivable was debited $2,250 and Service Revenue was credited $225. 4. A payment of $95 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5,200 instead of $5,280. Instructions From this information prepare a corrected trial balance
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