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Errors in trial balance Identify the errors in the following trial balance. All accounts have normal balances. Ensemble Co. Unadjusted Trial Balance For the
Errors in trial balance Identify the errors in the following trial balance. All accounts have normal balances. Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 20Y8 Debit Balances 80,800 Credit Balances Cash Accounts Receivable 176,920 Prepaid Insurance 38,280 Equipment 540,000 Accounts Payable 20,410 Salaries Payable 13,610 Common Stock 279,400 Retained Earnings 184,200 Dividends. 64,650 Service Revenue 850,600 Salary Expense 354,010 Advertising Expense 77,400 Miscellaneous Expense 16,160 Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salary Expense Advertising Expense Miscellaneous Expense 13,610 279,400 184,200 64,650 850,600 354,010 77,400 16,160 1,646,780 1,646,780 Miscellaneous Expense 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 Credit Balances Balances Line Item Description Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salaries Payable 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, 20Y8 Line Item Description Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salary Expense Advertising Expense Miscellaneous Expense Total Debit Credit Balances Balances
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