MAKE A CHART TO CORRECT

AUTOMOTIVE

EQUIPMENT

Sal Cerra, owner and operator

of Sal's Silkscreen T-Shirts, has

given you the final general

ledger balances, and has

provided the trial balance

in your working papers. You

are told that the Automotive

Equipment account is incorrect. Make the

necessary adjustment to

Automotive Equipment

and prepare a corrected trial

balance on a separate sheet of

paper as of September 30 of the current year

ANSWER OF AUTOMOTIVE EQUIPMENT ACCOUNT IS $32000. SHOW HOW YOU GET 32000 IN CHART

HOT. Audit Posting Journal Entries to General Ledger Accounts Sal Cerra, owner and operator of Sal's Silkscreen T-Shirts, has given you the final general ledger balances, and has provided the trial balance In your working papers. You are told that the Automotive Equipment account is incorrect. INSTRUCTIONS Make the necessary adjustment to Automotive Equipment and prepare a corrected trial balance on a separate sheet of paper as of September 30 of the current year. Cash in Bank $15,000 Accounts Receivable 11,800 Automotive Equipment 22,600 Automotive Tools 11,200 Office Equipment 300 Accounts Payable 3,000 Sal Cerra, Capital 42,250 Sal Cerra, Withdrawals 45,000 Repair Service 36,000 Advertising Expense 250 Auto Supplies Expense 5,600 HOT. Audit Posting Journal Entries to General Ledger Accounts Sal Cerra, owner and operator of Sal's Silkscreen T-Shirts, has given you the final general ledger balances, and has provided the trial balance In your working papers. You are told that the Automotive Equipment account is incorrect. INSTRUCTIONS Make the necessary adjustment to Automotive Equipment and prepare a corrected trial balance on a separate sheet of paper as of September 30 of the current year. Cash in Bank $15,000 Accounts Receivable 11,800 Automotive Equipment 22,600 Automotive Tools 11,200 Office Equipment 300 Accounts Payable 3,000 Sal Cerra, Capital 42,250 Sal Cerra, Withdrawals 45,000 Repair Service 36,000 Advertising Expense 250 Auto Supplies Expense 5,600