P3-3C.Paul Regan,bookeeper of Hampton Co., has been up half the night to get his trial balance to balance.His result are shown below.Ken small,the accountant,compared Paul's amounts in the trual balance with thise in the ledger,recomputed each account balance and compared postings.Ken found errors listed below the trial balance

1.$200 debit to D.Hole,withdrawals,was posted as a credit.

2.D.Hole,Withdrawals,was listed on the trial balance as a credit.

3.A note payable account with credit balance of $2,400 was not listed on the trial balance.

4.The pencilled footings for accounts payable were debits $5,320 and credits of $8,800.

5.A debit of $180 to prepaid rent was not posted.

6.The entry for office supplies bought for $60 was posted as a credit to office supplies.

7. a debit of $120 to accounts receivable was not posted.

8.A cash payment of $420 was credited to cash for $240.

9. The pencilled footing of the credits to cash was overstated by $400.

10.Utilities expense of $26 assist Paul Regan by preparing a correct trial balance.How would you explain to Paul the implications of what happened? Put your answers in writing.

correcting trial balance.

Check figure D.Hole,Withdrawals 1,100

HAMPTON CO. TRIAL BAIANCE JUNE 30,2022