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. In the trial balance below, total debits do not equal total credits. Find and correct the likely error(s) to bring the totals into balance.
. In the trial balance below, total debits do not equal total credits. Find and correct the likely error(s) to bring the totals into balance.
Debit | Credit | |
Cash | 24,732 | |
Accounts Receivable | 75,109 | |
Land | 647,604 | |
Accounts Payable | 54,811 | |
Note Payable | 176,400 | |
JT Howzer, Capital | 587,332 | |
Revenues | 649,998 | |
Wage Expense | 423,788 | |
Rent Expense | 110,000 | |
Interest Expense | 7,308 | |
Totals | 217,149 | 2,539,933 |
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