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prepare the correct trial balance as of May 31, 2024, complete with a heading; journal entries are not required the following trial balance of reva
prepare the correct trial balance as of May 31, 2024, complete with a heading; journal entries are not required
the following trial balance of reva service as of may 31 doesn't balance
D a. Recorded a $600 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $1,000 credit to Accounts Payable as $100. c. Did not record Utilities Expense or the related Utilities Payable in the amount of $300. d. Understated Common Stock by $600. matte fiel Babe May 11, 20 - B www Tuning i CH Data table A C Ale O C wpadaj mamy Servis Re Des Expense T Questun 1, F2-27 Fal TREN e Balen I Bebe Done ON 11.0 100 kw 1000 SENES 15200 app by 11304 ng cadde Pages More info Pre Done The the $300 Save Reva Macdonell Tutoring Service Trial Balance May 31, 2024 $ Account Title Cash Accounts Receivable Office Supplies Computer Equipment Accounts Payable Utilities Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Utilities Expense Total $ Debit Balance 2,900 2,100 500 15,800 10,500 1,600 800 400 34,700 $ $ Credit 11.600 100 11,800 9,700 33,200 a. Recorded a $600 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $1,000 credit to Accounts Payable as $100. c. Did not record Utilities Expense or the related Utilities Payable in the amount of $300. d. Understated Common Stock by $600 investigation of the accounting recorda reveals that the bookkeeper prepare the corrected trial balance may 31 complete with heading; journal entries are not required
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