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Prepare a corrected trial balance for Howard Company. All accounts should have a balance. (10 pts) HOWARD COMPANY Trial Balance For the Quarter Ended 3/31/16

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Prepare a corrected trial balance for Howard Company. All accounts should have a balance. (10 pts) HOWARD COMPANY Trial Balance For the Quarter Ended 3/31/16 Debit $ 13,000 Cash $ 25.000 Accounts Receivable Prepaid insurance 2.500 Equipment 62,000 Accounts Payable 25,000 Unearned Service Revenue 12,000 Notes Payable 25,000 Owner's Capital 40.000 Owner's Drawings 1,500 Service Revenue 40,000 Salaries and Wages Expense 14,000 Utilities Expense 5,000 Rent Expense 10,000 $118.500 $147.500

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