Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help with the the lest side is not eual to right side right now. not sure waht i am doing wrong. need help. Data

image text in transcribed

Need help with the the lest side is not eual to right side right now. not sure waht i am doing wrong. need help.

Data Tabte 1 The follow e does not balance. e delected e errors.) Building Blocks Child Care Prepars the corrected trial balance at Augus Trial Balance Irial Balance August 31, 2018 -X August 31, 2018 i More Info Balance Balance Credit Account Title Debit Account Title Credit Debit Cash 8,750 Cash 10400 Cash is understated by $1,200 Accounts Receivable 6 200 nosted as a credit ccounts Recaivable 13700 A S1 500 purehase of office supplies on account was neither journalized nor 1.100 2600 Office Supplies Office Supplies posted Prepaid Insurance 1,500 2300 Prepaid Insurance d Equipment was incorrectly transferred from the ledger as S83.500, It should have Equipment 83,500 76000 Equipment Salaries Expense is overstated by $300 e. Accounts Payable 3,000 4500 Accounts Payable A 5900 cash payment for advertising expense was neither journalized nor posted. Nates Payable 46,000 46000 Notes Payable A $150 cash dividend was incorrectly journalized as $1,500 g Common Stock 52,300 52300 h Service Revenue was understated by $4,000. Common Stock Dividends Dividends 3,650 2300 Cash was posted corree was posted as a $800 credit to Prepaid Insurance Service Revenue 8,900 Ardtvertising Expense 00 Salaries Expense 4.50D Service Revenue 12900 Print Done 800 Salaries Expense 4200 Rent Expense 110,000 S 110,200 Rent Expense Total Total Print Done Choose trom any list or enter any number n the input fields and then click Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Detailed note on the contributions of F.W.Taylor

Answered: 1 week ago