Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I'm supposed to correct the mistakes that my professor circled, but I am not exactly sure what I did wrong. Please help. Entire problem is
I'm supposed to correct the mistakes that my professor circled, but I am not exactly sure what I did wrong. Please help. Entire problem is below.
PROBLEM 5-4B The account balances of Miss Beverly's Tutoring Service as of June 30, the end of the current fiscal year, are as follows: TRIAL BALANCE DEBIT CREDIT 6 ACCOUNT NAME 7 Cash 8 Accounts Receivable 9 Supplies 10 Prepaid Insurance 6,491.00 624.00 527.00 1,280.00 5,497.00 2,472.00 12Accumulated Depreciation, Equipment 13 Van 14 Accumulated Depreciation, Van 15 Accounts Payable 16 B. Morrow, Capital 17 B.Morrow, Drawing 18 Fees Earned 19 Salary Expense 20 Advertising Expense 21 Van Operating Expense 22 | Utilities Expense 23 Miscellaneous Expense 24 25 13,674.00 4,168.00 1,436.00 14,848.00 18,000.00 43,680.00 16,000.00 2,200.00 705.00 1,248.00 358.00 66.604.00 66,604.00 \ Sheet1 Sheet2 Sheet3Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started