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Instructions From this information prepare a corrected trial balance. E3-4 (L02) (Corrected Trial Balance) The following trial balance of Watteau Co. does not balance. WATTEAU
Instructions From this information prepare a corrected trial balance. E3-4 (L02) (Corrected Trial Balance) The following trial balance of Watteau Co. does not balance. WATTEAU CO. TRIAL BALANCE JUNE 30, 2017 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Office Expense s 2,870 $3,231 800 3,800 2,666 1,200 6,000 3,000 2.380 3,400 940 13,371 $16,916 Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750
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