Instructions The Lexington Group UNADJUSTED TRIAL BALANCE May 31, 2018 Cash 2 Accounts Receivable Supplies 4 Prepaid Insurance Equipment 6Notes Payable Accounts Payable ACCOUNT TITLE DEBIT 17,100.00 CREDIT 35,500.00 7,400.00 2,200.00 196,500.00 97,800.00 26,200.00 Instructions 7 Accounts Payable 26,200.00 8 Common Stock 35,000.00 9 Retained Eamings 95,100.00 10 Dividends 56,500.00 11 Fees Earned 12 Wages Expense 454,800.00 269,800.00 13 Rent Expense 54,700.00 14 Advertising Expense 25,000.00 15 Miscellaneous Expense 5.500.00 16 Totals 670,200.00 708,900.00 Instructions 13 Rent Expense 14 Advertising Expense 15 Miscellaneous Expense 16 Totals 54,700.00 25,000.00 5,500.00 670,200.00 708,900.00 The debit and credit totals are not equal as a result of the following errors: A. The cash entered on the trial balance was understated by $6,000. B. A cash receipt of $7,800 was posted as a debit to Cash of $8,700. C. A debit of $10,000 to Accounts Receivable was not posted. Instructions The debit and credit totals are not equal as a result of the following errors: A. The cash entered on the trial balance was understated by $6,000. B. A cash receipt of $7,800 was posted as a debit to Cash of $8,700. C. A debit of $10,000 to Accounts Receivable was not posted. D. A return of $152 of defective supplies was erroneously posted as a $1,520 credit to Supplies. E. An insurance policy acquired at a cost of $1,200 was posted as a credit to Prepaid Insurance. F. The balance of Notes Payable was understated by $20,500. G. A credit of $4,700 in Accounts Payable was overlooked when determining the balance of the account. H. A debit of $6,600 for dividends was posted as a credit to Retained Earnings. 1. The balance of $57,400 in Rent Expense was entered as $54,700 in the trial balance. J. Gas, Electricity, and Water Expense, with a balance of $29, 132, was omitted from the trial balance