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QUESTION 2 An inexperienced accountant prepared the following trial balance. This Trial balance contains many mistakes. These errors could lead to inaccurate financial statements. Moe's

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QUESTION 2 An inexperienced accountant prepared the following trial balance. This Trial balance contains many mistakes. These errors could lead to inaccurate financial statements. Moe's Mowing, Inc. Trial Balance September 1, 20X6 Debit Credit Cash S10,000 Accounts receivable 6,500 Supplies 3.500 Accounts payable 1.500 Sales Revenue 2.200 Common shares 5,000 Notes Payable 11.000 Dividends S4,500 Service revenue 18.800 Salaries expense 9.100 Office expense 4,400 Income tax expense 500 Totals 39.700 37.300 Requirements: a) Write the correct Trial Balance with the proper headings. Calculate total debits and total credits. b) Identify the accounts that should not be on the debit side and the accounts that should not be on the credit side

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