LO4, 5, 6 P2-12A. Transaction Analysis and the Effect of Errors on the Trial Balance The following T-accounts contain numbered entries for the May transactions of Carol Miller, a market analyst, who opened her business on May 1: a. (1) (9) b. (5) (3) (2) (6) Cash 13,000 4,800 3,150 810 1,950 600 Accounts Receivable 6,400 3,150 Office Supplies 3,100 Office Equipment 4,800 Accounts Payable 1,950 3,100 355 (2) (4) (6) (8) (9) (3) (7) (8) (4) (7) Common Stock 13,000 Dividends 600 Professional Fees Earned 6,400 Rent Expense 810 Utilities Expense 355 (1) Required Give a description of each of the nine numbered transactions entered in the above T-accounts. Example: (1) Carol Miller invested $13,000 of her personal funds in her business. The following trial balance, prepared from Miller's data as of May 31, contains several errors Itemize the errors and indicate the correct totals for the trial balance. (5)

12A. Transaction Analysis and the Effect of Errors on the Trial Balance The following T-accolntit contain numbered entries for the May transactions of Carol Miller, a market analyst, who opened he business on May 1: Required a. Give a description of each of the nine numbered transactions entered in the above T-accounts: Example: (1) Carol Miller invested $13,000 of her personal funds in her business. b. The following trial balance, prepared from Miller's data as of May 31, contains several erion Itemize the errors and indicate the correct totals for the trial balance