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Identify the errors in the following trial balance. All accounts have normal balances Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31,
Identify the errors in the following trial balance. All accounts have normal balances Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 2018 Debit Credit Balances Balances 42,900 Cash Accounts Receivable 123,500 Prepaid Insurance 27,000 Equipment 300,000 Accounts Payable 52,000 Salaries Payable 4,800 Common Stock 40,000 Retained Earnings Dividends Service Revenue 137,200 5,000 1,216,000 Salary Expense Advertising Expense Miscellaneous Expense 660,000 275,000 16,600 1,001,500 1,801,500 After identifying the errors, prepare a corrected unadjusted bal belance: For those boxes in which Ensemble Co. Unadjusted Trial Balance December 31, 2018 Line Item Description Debit Credit Balances Balances Check My Work 10 mans Check My Work uning 4 E 96 R LD 6 9 A D F G 8 e 4
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