t 2-Ch 2 B Wilm's Window Washing Services Trial Balance January 31, 2023 Cash Accounts receivable Prepaid insurance Equipment Accounts payable Wilm Schmidt, capital Wilm Schmidt, withdrawals Service revenues Salaries expense Insurance expense Maintenance expense Utilities expense Total Debit $ 12,900 10,540 3,700 37,000 10,260 Required: Prepare a corrected trial balance. Credit $ 9,200 58,000 67,000 33,300 6,500 14,300 6,500 $135,000 $134,200 The following errors were discovered: a. Schmidt did not post a $3,200 purchase of equipment on credit. WILM'S WINDOW WASHING SERVICES Trial Balance January 31, 2023 b. In posting a $2,050 collection from a credit customer, Schmidt debited Accounts Receivable and credited Cash. c. In posting a cash receipt, Schmidt correctly debited Cash for $2,670 but incorrectly credited Accounts Receivable for $7,270. d. In posting a $5,400 payment on account, Schmidt debited Accounts Payable but forgot to post the credit to Cash. e. In posting the entry for services of $3,100 performed for a customer on credit, Schmidt debited Accounts Receivable but credited Maintenance Expense. Saved

The following errors were discovered: a. Schmidt did not post a $3,200 purchase of equipment on credit. b. In posting a $2.050 collection from a credit customer, Schmidt debited Accounts Recelvable and credited Cash. c. In posting a cash recelpt, Schmidt correctly debited Cash for $2.670 but incorrectly credited Accounts Recelvable for $7,270. d. In posting a \$5,400 payment on account. Schmidt debited Accounts Payable but forgot to post the credit to Cash. e. In posting the entry for services of \$3,100 performed for a customer on credit. Schmidt debited Accounts Receivable but credited Maintenance Expense. Required: Prepare a corrected trial balance