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Errors in Trial Balance Identify the errors in the above trial balance. All accounts have normal balances. Ensemble Co. Unadjusted Trial Balance For the Year
Errors in Trial Balance Identify the errors in the above trial balance. All accounts have normal balances. Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 2018 Debit Balances Credit Balances Cash 86,900 Accounts Receivable 190,300 41,170 Prepaid Insurance Equipment 581,000 Accounts Payable 21,960 Salaries Payable 14,640 Common Stock 314,400 Retained Earnings 184,200 Dividends 69,530 Service Revenue 914,900 Salary Expense 380,560 83,260 Advertising Expense Miscellaneous Expense 17,380 1,771,230 1,771,230 After Identifying the errors, prepare a corrected unadjusted trial balance. For those boxes in which no entry is required, leave the box blank. Ensemble Co. Unadjusted Trial Balance December 31, 2018 Debit Balances Credit Balances Cash 184,200 Retained earnings Dividends 69,530 Service Revenue 914,900 Salary Expense 380,560 83,260 Advertising Expense Miscellaneous Expense 17,380 1,771,230 1,771,230 After identifying the errors, prepare a corrected unadjusted trial balance. For those boxes in which no entry is required, leave the box blank. Ensemble Co. Unadjusted Trial Balance December 31, 2018 Debit Balances Credit Balances Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salarles Payable Common Stock Retained Earnings Dividends Service Revenue Salary Expense Advertising Expense Miscellaneous Expense
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