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Speedy Sewing Services, owned by T. Nguyen, hired a new bookkeeper who is not entirely familiar with the process of preparing a trial balance. All
Speedy Sewing Services, owned by T. Nguyen, hired a new bookkeeper who is not entirely familiar with the process of preparing a trial balance. All of the accounts have normal balances. Speedy Sewing Services Cash Trial Balance December 31, 20- Debit Account Name Accounts Receivable Accounts Payable Equipment T. Nguyen, Capital T. Nguyen, Drawing Prepaid Insurance Income from Services Wages Expense Rent Expense Supplies Utilities Expense Trial Balance December 31, 20-- DEBIT 3,200 ACCOUNT NAME 24,000 17,500 1,800 3,400 49,900 Credit CREDIT 10,700 9,500 22,800 1,900 1,300 36,000 Find the errors and prepare a corrected trial balance for December 31 of this year. List all the accounts in the proper order as described in the textbook. If no amount is required, leave the entry box blank or enter "0". Speedy Sewing Services 4,500 86,700
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