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Scarlatti Corporation Trial Balance April 30, 2019 Debit Credit Cash $ 5,912 Accounts Receivable 5,240 Supplies 2,967 Equipment 6,100 Accounts Payable $ 7,044 Share
Scarlatti Corporation Trial Balance April 30, 2019 Debit Credit Cash $ 5,912 Accounts Receivable 5,240 Supplies 2,967 Equipment 6,100 Accounts Payable $ 7,044 Share Capital-Ordinary 8,000 Retained Earnings 2,000 Service Revenue 5,200 Office Expense 4,320 $24.539 $22.244 An examination of the ledger shows these errors. 1. Cash received from a customer on account was recorded (both debit and credit) as $1,580 instead of $1,850. 2. The purchase on account of a computer costing $1,900 was recorded as a debit to Office Expense and a credit to Accounts Payable. 3. Services were performed on account for a client, $2,250, for which Accounts Receivable was debited $2,250 and Service Revenue was credited $225. 4. A payment of $95 for telephone charges was entered as a debit to Office Expense and a debit to Cash 5. The Service Revenue account was totaled at $5,200 instead of $5,280, Instructions From this information prepare a corrected trial balance. Ea ex 1. 2. 3. 4. 5.
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