Month Ended October 31, 20 The Arthur Company BALANCE SHEET DEBIT CREDIT 172 216 106 - xercise 4, p. 262 ACCOUNTS Bank WORK SHEET TRIAL BALANCE INCOME STATEMENT DEBIT CREDIT DEBIT CREDIT 17/2216 1116 - 1721 323 - 1255 - 5863 132 0 0 - 0 0 6 42 420 72 33019 10 0 0 0 - 10 5 0 482 1000 0 0 0 - 490317 490317 |4|65|12| 14/6512 [270- AR H Chon A/R - M. Watson A/R - J.Young Supplies Office Equipment Automobiles Alp-City Hydro AIP-O.K. Supply A/P - Slick Oil Co. Bank Loan P. Arthur, Copital P. Arthur, Drawings Consulting Fees Advertising Expense Automobile Expense Bank Charges Expense Miscellaneous Expense Rent Expense Salaries Expense Telephone Expense Utilities Expense |3|32- 1255 - 5 863 1320 - 0 0 6 42 420 72 133019 10 0 0 0 - 10 5 0 4 82 2710 - 5640 51640 DU 374 400- 12 8 0 - 2560 145 30 26 27 7 32 || 26 27 732 1280 - (2560 1280 - Net Income 2340 86 | 320 3 17 12 23.0162107415 356231 8 8 4399 590317| 590317 | 12 2 30 16 2990814 4. The simplified work sheet below contains a number of errors. tions, and balance the A. Locate the errors, make the necessary corrections, and balar work sheet. A work sheet for you to use has been provided in the Worl Ignore GST and PST. B. State what the control account balances would be for accounts receiv. able and accounts payable