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P2.4 (LO 4) The trial balance of De Bortoli Co. shown below does not balance. Dosed of nohtibbe ni soivas2 00P OM t out bns
P2.4 (LO 4) The trial balance of De Bortoli Co. shown below does not balance. Dosed of nohtibbe ni soivas2 00P OM t out bns panoqxil esga fa De Bortoli Co. Trial Balance June 30, 2020 Cash $ 2,812 Accounts Receivable noazimba abrooor me Supplies or a sense lainen mit 1,200 Accounts Payable Unearned Service Revenue Share Capital-Ordinary Dividends Debit Service Revenue Salaries and Wages Expense Utilities Expense erit to I open mos Equipments Its jurti smuzeA 15gbal sri 2,600 ts lamuoj dom or 1804 Tam one or 3,666 Throon Pay no sonsled leida oqor .b 8,000 1,100 800 3,200 810 $12,522 anoissundenl Credit $ 3,340 MaModi asilsmool d as briste noiezsonos 2,480 $17,486 What was its net income? general ledger. An examination of the ledger S/ Which one reported net income M2T to ainsmstala Isionsnit HT EST) gaixnidT Each of the listed accounts has a normal balance per the and journal reveals the following errors. magmoga calon en mag ni binasi s 1. Cash received from a customer in payment of its account was debited for $580, and Accounts Receivable was credited for the same amount. The actual collection was for $850.88 Leionenit sc 2. The purchase of a computer on account for $710 was recorded as a debit to Supplies for $710 and a credit to Accounts Payable for $710. Hollins alfa Gill 3. Services were performed on account for a client for $980. Accounts Receivable was debited for $980, and Service Revenue was credited for $98. 4. A debit posting to Salaries and Wages Expense of $700 was omitted. com 5. A payment of a balance due for $306 was credited to Cash for $306 and credited Payable for $360. OBS 101 abia 52819b bas buttant ese d to Accounts JadW Prepe 6. A dividend of $600 cash was debited to Salaries and Wages Expense for $600 and credited to Cash for $600. 00
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