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Identify the errors in the trial balance provided and prepare a corrected trial balance For the Year Ending December 31, 2018 Debit Balances Credit Balances
Identify the errors in the trial balance provided and prepare a corrected trial balance
For the Year Ending December 31, 2018 Debit Balances Credit 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 137,200 Dividends 5,000 Service Revenue 1,216,000 Salary Expense 660,000 Advertising Expense 275,000 Miscellaneous Expense 16,600 1.801.500 1.801.500 Check My Work Previou IDeo. Scores 27/55 UUDJUSTED TRIAL BALANCE December 31, 2018 ACCOUNT TITLE DERIT Cash 37.000.00 Accounts Receivable 111.200,00 Prepaid insurance 17.600.00 Equipment 375.000.00 Accounts Payable 52,900.00 Salaries Payable 7/400.00 Common Stock 10000000 Retained Earnings 196.900.00 Dividends 18.000.00 1 Service Revenue 678.000.00 11 Salary Expense 395.800.00 Advertising Expense 1000.00 1 Miscellaneous Expense 12.600.00 10152010 1 03520000 Check My Work Step by Step Solution
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