Problem 4-6A Dao Vang, CPA, was retained by Universal Cable to prepare financial statements for April 2015. Vang accumulated all the ledger balances per Universal's records and found the following. UNIVERSAL CABLE Trial Balance April 30, 2015 $4,076 3,048 743 10,116 Accounts Receivable $1,349 2,037 691 930 9,723 2,081 5,987 Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Advertising Expense Miscellaneous Expense Depreciation Expense 3,451 $22,798 $22,798 Dao Vang reviewed the records and found the following errors 1. Cash received from a customer on account was recorded as $840 instead of $480 2. A payment of $75 for advertising expense was entered as a debit to Miscellaneous Expense $75 and a credit to Cash $75 3. The first salary payment this month was for $1,998, which included $691 of salaries payable on March 31. The payment was recorded as a debit to Salaries and wages Expense $1,998 and a credit to Cash $1,998. (No reversing entries were made on April 1.) 4. The purchase on account of a printer costing $306 was recorded as a debit to Supplies and a credit to Accounts Payable for $306 5. A cash payment of repair expense on equipment for $82 was recorded as a debit to Equipment $28 and a credit to Cash $28. Prepare an analysis of each error showing the incorrect entry, the correct entry, and the correcting entry. Items 4 and 5 occurred on April 30, 2015 are automatically indented when amount is entered. Do not indent manually.) INCORRECT ENTRY No. Account Titles and Explanation Debit Credit CORRECT ENTRY No. Account Titles and Explanation Credit Debit 2. 3. 5 CORRECTING ENTRY No. Account Titles and Explanation 1. Dehit Credt 2. 3. 4. Prepare a correct trial balance. UNIVERSAL CABLE Trial Balance April 30, 2015 Debit Credit