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nt 1 Savod Help Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal credits on the January 31,
nt 1 Savod Help Wilm Schmidt, the owner of Wilm's Window Washing Services, had difficulty getting the debits to equal credits on the January 31, 2020, trial balance. Wilm's Window Washing Services Trial Balance January 31, 2020 Debit Credit Cash $ 13,480 Accounts receivable 11,040 Prepaid insurance 4,299 Equipment 42,000 Accounts payable $ 12,200 Wilm Schmidt, capital 63,eee Wilm Schmidt, withdrawals 10,760 Service revenues 67,500 Salaries expense 33,800 Insurance expense 7,000 Maintenance expense 14,800 7,000 Utilities expense Total $144,000 $142,700 The following errors were discovered: a. Schmidt did not post a $3,700 purchase of equipment on credit. b. In posting a $2,300 collection from a credit customer. Schmidt debited Accounts Receivable and credited Cash c. In posting a cash receipt. Schmidt correctly debited Cash for $2.570 but incorrectly credited Accounts Receivable for $7.270 d. In posting a $6,000 payment on account. Schmidt debited Accounts Payable but forgot to post the credit to Cash e. In posting the entry for services of $3.600 performed for a customer on credit. Schmidt debited Accounts Receivable but ce Maintenance Expense. Next 4 of
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