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PrODTem This trial balance of Wildhorse Co. does not balance WILDHORSE CO Trial Balance June 30, 2017 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts
PrODTem This trial balance of Wildhorse Co. does not balance WILDHORSE CO Trial Balance June 30, 2017 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries and Wages Expense Utilities Expense $ 4,890 $4,990 2,450 4,800 5,486 2,850 10,800 800 5,280 3,560 930 $20,380 $26,456 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $760, and Accounts Receivable was credited for the same amount. The actual collection was for $706 2. The purchase of a printer on account for $340 was recorded as a debit to Supplies for $340 and a credit to Accounts Payable for $340 3. Services were performed on account for a client for $900, Accounts Receivable was debited for $90 and Service Revenue was credited for $900 4. A debit posting to Salaries and Wages Expense of $720 was omitted 5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260 6. Payment of a $600 cash dividend to Wildhorse Co.'s stockholders was debited to Salaries and Wages Expense for $600 and credited to Cash for $600 WILDHORSE co. Trial Balance Debit Credit
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