E3-4 (Corrected Trial Balance) The following trial balance of Oakley Co. does not balance. OAKLEY CO. TRIAL BALANCE JUNE 30, 2012 Debit Credit Cash $ 3364 Accounts Receivable $ 3725 Supplies 1294 Equipment 4294 Accounts Payable 3160 Unearned Service Revenue 1694 Common Stock 6494 Retained Earnings 3494 Service Revenue 2874 Salaries and Wages Expense 3894 Office Expense 1434 $16,335 $19,386 Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer on account was debited for $370, and Accounts Receivable was cred- ited for the same amount. The actual collection was for $730. 2. The purchase of a computer printer on account for $994 was recorded as a debit to Supplies for $994 and a credit to Accounts Payable for $994. 3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89. 4. A payment of $559 for telephone charges was recorded as a debit to Office Expense for $559 and a debit to Cash for $559. 5. When the Unearned Service Revenue account was reviewed, it was found that $719 of the balance was earned prior to June 30. 6. A debit posting to Salaries and Wages Expense of $1164 was omitted. 7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 8. A dividend of $1069 was debited to Salaries and Wages Expense for $1069 and credited to Cash for $1069. Instructions Prepare a correct trial balance. (Note: It may be necessary to add one or more accounts to the trial balance.)