P2-4A The trial balance of the Sterling Company show does not in balance. Trial Balance May 31, 2016 Observations Debit Credit Cash $5,850 $ Account Receivable 2,750 Prepaid Insurance 700 Equipment 8,000 Account Payable 4500 Property Taxes Payable 560 M. Sterling. Capital 11,700 Service Revenue 6,690 Salaries Expenses 4,200 Advertising Expenses 1,100 Property Tax Expenses 800 Total 26,800 20,050 Each account has a normal balance. You also discover the following error: a) The totals of the debits side of Prepaid Insurance, Account Payable, and Property Tax Expenses were each understated $100 b) Transposition errors were made in Account Receivable and Service Revenue; the correct balance were $2,570 and $6,960 respectively. c) A debit posting to Salaries Expenses of $200 was omitted. d) A $1,000 cash drawing by owner was debited to M. Sterling, Capital for $1,000 and credited to Cash for $1,000. e) A $520 purchase of supplies on account was debited to Equipment for $520 and credited to Cash for $520. f) A cash payment of $450 for advertising was debited to Advertising Expenses for $45 and credited to Cash for $45. B) A collection from costumer for $210 was debited to Cash for $210 and credited to Accounts Payable for $210