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he following is the Bravo Unlimited unadjusted Trail Balance. Bravo Unlimited ... (1 bookmark) Question 1 The following is the Bravo Unlimited unadjusted Trail Balance.

he following is the Bravo Unlimited unadjusted Trail Balance. Bravo Unlimited ... (1 bookmark) Question 1 The following is the Bravo Unlimited unadjusted Trail Balance. Bravo Unlimited Unadjusted Trial Balance December 31, 2016 Account Title Debit Credit Cash $88,450 Accounts Receivable 331,860 Supplies 11,255 Prepaid Rent 5,500 Equipment 295,285 Accumulated Depreciation $236260 Accounts Payable 72,555 Wages Payable 10,000 Capital Stock 220,000 Retained Earnings 111,145 Service Revenue 898,105 Interest Income 1,500 Rent Expense 68,000 Wages Expense 577,260 Supplies Expense 42,520 Utilities Expense 8,595 Depreciation Expense 156,000 Interest Expense 4,840 ________ Totals $1,525,565 $1,525,565 As a senior Accountant you had just prepared & posted the journal entry that closed the revenue accounts to the income Summary account. Then you noticed that your bookkeeper made a tragic error in recording one of the expenses during the last month of the fiscal year. She has recorded the dec utility bill as a debit to accounts Receivable and a credit to wages Expense for $550. Prepare the compound general journal entries needed to a. Correct the error, b. record the closing entry for the expenses

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