• P26B The trial balance for Mackle Fitness, shown below, does not balance.

The trial balance is as follows.

The following errors were detected:

1. The cash balance is overstated by $6,000.
2. Rent expense of $3,000 was posted as a credit rather than a debit.
3. The balance of Advertising Expense is $4,500, but it is listed as $6,000 on the trial balance.
4. A $9,000 debit to Accounts Receivable was posted as $900.
5. The balance of Utilities Expense is understated by $900.
6. A $19,500 debit to the G. Mackle, Withdrawals account was posted as a debit to G. Mackle, Capital.
7. A $1,500 purchase of supplies on account was neither journalized nor posted.
8. An $87,000 credit to Service Revenue was not posted.
9. Office furniture should be listed in the amount of $19,500.

Required Prepare the corrected trial balance at July 31, 2023. Journal entries are not required.

\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} MACKLE FITNESS \\ Unadjusted Trial Balance \\ July 31, 2023 \end{tabular}} \\ \hline Cash & $47,000 & \\ \hline Accounts receivable & 30,000 & \\ \hline Supplies & 7,500 & \\ \hline Office furniture & 34,500 & \\ \hline Fitness equipment & 600,000 & \\ \hline Accounts payable & & $30,000 \\ \hline Note payable & & 194,500 \\ \hline G. Mackle, capital & & 442,500 \\ \hline G. Mackle, withdrawals & 55,500 & \\ \hline Service revenue & & 73,500 \\ \hline Salaries expense & 42,500 & \\ \hline Rent expense & 9,000 & \\ \hline Advertising expense & 6,000 & \\ \hline Utilities expense & 3,000 & \\ \hline Total & $835,000 & $740,500 \\ \hline \end{tabular}