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Question 24 (Total: 20 marks:-2 marks per error) The following is a trial balance from Mismanaged Ltd. on March 31, 2020 is as follows: Debit

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Question 24 (Total: 20 marks:-2 marks per error) The following is a trial balance from Mismanaged Ltd. on March 31, 2020 is as follows: Debit Credit Cash $ 2,870 Accounts receivable 3,231 800 Office supplies Equipment Accounts payable 3,800 $ 2,666 Unearned revenue 1,200 Common shares 6,000 Retained earnings 2.795 Service revenue 2,380 Salaries and wages expense 3,400 Office expense 940 $15,041 $ 15,041 TOTAL The following transactions took place in April 2020: Payments received from customers on account amounted to $1,320. A computer printer was purchased on account for $500. Services provided to clients and billed on account amounted to $3.890. $400 of supplies was purchased on account in April, and a physical count on April 31 showed that there w 31. When the Unearned Revenue account was reviewed, it was found that $825 of the balance was earned in Salaries and Wages Expense of 5670 related to employee services provided in April was not yet recorded Payments to suppliers on account amounted to $2.125. Received invoices totaling $1,160 related to office expenses incurred in April. Declared a dividend of $575 on April 31. Required: 1. Prepare the trial balance as at April 30, 2020, assuming that Mismanaged did not record closing entries at be necessary to add one or more accounts to the trial balance.) Question 24 (Total: 20 marks:-2 marks per error) The following is a trial balance from Mismanaged Ltd. on March 31, 2020 is as follows: Debit Credit Cash $ 2,870 Accounts receivable 3,231 800 Office supplies Equipment Accounts payable 3,800 $ 2,666 Unearned revenue 1,200 Common shares 6,000 Retained earnings 2.795 Service revenue 2,380 Salaries and wages expense 3,400 Office expense 940 $15,041 $ 15,041 TOTAL The following transactions took place in April 2020: Payments received from customers on account amounted to $1,320. A computer printer was purchased on account for $500. Services provided to clients and billed on account amounted to $3.890. $400 of supplies was purchased on account in April, and a physical count on April 31 showed that there w 31. When the Unearned Revenue account was reviewed, it was found that $825 of the balance was earned in Salaries and Wages Expense of 5670 related to employee services provided in April was not yet recorded Payments to suppliers on account amounted to $2.125. Received invoices totaling $1,160 related to office expenses incurred in April. Declared a dividend of $575 on April 31. Required: 1. Prepare the trial balance as at April 30, 2020, assuming that Mismanaged did not record closing entries at be necessary to add one or more accounts to the trial balance.)

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