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Exercise 3-03 The following trial balance of Shamrock Traveler Corporation does not balance. Credit Shamrock Traveler Corporation Trial Balance April 30, 2020 Debit Cash $6,712

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Exercise 3-03 The following trial balance of Shamrock Traveler Corporation does not balance. Credit Shamrock Traveler Corporation Trial Balance April 30, 2020 Debit Cash $6,712 Accounts Receivable 5,640 Supplies 3,367 Equipment 6,500 Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense 4,720 $26,939 $7,444 8,400 2,400 5,600 $23,844 An examination of the ledger shows these errors. 1. Cash received from a customer on account was recorded (both debit and credit) as $1,980 instead of $2,250. 2. The purchase on account of a computer costing $3,338 was recorded as a debit to Office Expense and a credit to Accounts Payable. 3. Services were performed on account for a client, $2,650, for which Accounts Receivable was debited $2,650 and Service Revenue was credited $625. 4. A payment of $495 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5,600 instead of $5,680. From this information prepare a corrected trial balance. SHAMROCK TRAVELER CORPORATION Trial Balance April 30, 2020 Debit Credit Cash $ 6,982 Accounts Receivable 5,370 Supplies 3,367 Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense Totals

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