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I have accounting statements that have five errors in them. I can't figure out what they are. I just need a bulleted list of what
I have accounting statements that have five errors in them. I can't figure out what they are. I just need a bulleted list of what is wrong:
TRIAL BALANCES:
ADJUSTING ENTRIES:
INCOME STATEMENT:
OWNER'S EQUITY:
BALANCE SHEET:
CASH FLOW:
ABC, Inc Adjusted Trial Balance Closed Trial Balance Trial Balance Adjusting Entries Closing Trial Balance 12/31/2015 12/31/2016 12/31/2016 12/31/2016 12/31/2016 Debit Credit Debit credit Debit Credit Debit Credit Debit credit 108,117 156,990 156,990 156,990 12,000 12,000 12, 000 24,000 8,000 9,600 600 9, 600 475,000 475,000 475,000 475,000 990,000 990,000 990,000 990,000 252,000 216,000 252,000 252,000 12,500 12,500 12,500 12, 500 1.250 3,750 3,1750 3,750 11.400 738 12.138 12,138 19,700 4,600 1,956 1.956 1.956 9,700 1700 9, 700 13,000 8 21,000 821,000 21,000 872,000 17,000 17,000 17,000 17,000 458, 667 519, 346 458,667 458,667 1,956 96,136 98,092 14,998 14,998 38,500 38,500 2.227,698 2,227,698 2,230,392 2,230,392 2,694 1,646,490 2,694 1,646,490 1,610,217 1,610,217Step by Step Solution
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