Question 2 [15 points] The trial balance for Spin Master Toys shown below does not balance. Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: a) A debit posting to Machinery of $310 was omitted. b) A collection from a customer for $360 was debited to Cash for $360 and credited to Accounts Payable for $360. c) Cash received from a customer in payment of their account was debited for $360, and Accounts Receivable was credited for the same amount. The actual collection was for $630. d) Services were performed on account for a client for $40. Accounts Receivable was debited for $40,and Consulting Revenue was credited for $540. e) Cash dividends of $350 was debited to the Share Capital account for $350 and credited to Cash for $350. f) The totals of the credit sides of Commissions Earned, Consulting Revenue Earned, and Rent Earned were each understated $310. Accounts from incorrect Trial Balance. Account Cash Accounts receivable Prepaid interest Machinery Accounts payable Interest payable Unearned consulting revenue. Unearned rent Share capital Dividends, Consulting revenue earned Balance 5,730 24,630 19.800 19,190 10,860 5,000 6,000 3,000 20,450 13,950 18,190 Complete the corrected Trial Balance below: Spin Master Toys Trial Balance February 28, 2014 Debit Credit Cash Accounts receivable Prepaid interest Machinery Accounts payable Interest payable Unearned consulting revenue Unearned rent f) The totals of the credit sides of Commissions Earned, Consulting Revenue Earned, and Rent Earned were each understated $310. Accounts from incorrect Trial Balance. Account Cash Accounts receivable Prepaid interest Machinery.. Accounts payable Interest payable Unearned consulting revenue Unearned rent Share capital Dividends Consulting revenue earned Commissions earned. Rent earned Salaries expense Office supplies expense Utilities expense Balance 5,730 24,630 19,800 19,190 10,860 5,000 6,000 3,000 20,450 13,950 18,190 7,590 41,690 9,000 7,100 13,500 Complete the corrected Trial Balance below: Spin Master Toys Trial Balance February 28, 2014 Debit Credit Cash Accounts receivable Prepaid interest Machinery Accounts payable Interest payable Unearned consulting revenue Unearned rent Share capital Dividends Consulting revenue earned Commissions earned Rent earned Salaries expense Office supplies expense Utilities expense Totals