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table [ [ table [ [ WATERWAY CO . ] , [ TRIAL BALANCE ] , [ JUNE 3 0 , 2 0
tabletableWATERWAY COTRIAL BALANCEJUNE Debit,CreditCash$Accounts Receivable,$SuppliesEquipmentAccounts Payable,,Unearned Service Revenue,Common Stock,,Retained Earnings,,Service Revenue,,Salaries and Wages Expense,Office Expense,$$
Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.
Cash received from a customer on account was debited for $ and Accounts Receivable was credited for the same amount. The actual collection was for $
The purchase of a computer printer on account for $ was recorded as a debit to Supplies for $ and a credit to Accounts Payable for $
Services were performed on account for a client for $ Accounts Receivable was debited for $ and Service Revenue was credited for $
A payment of $ for telephone charges was recorded as a debit to Office Expense for $ and a debit to Cash for $
When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $ was performed prior to June related to Unearned Service Revenue
A debit posting to Salaries and Wages Expense of $ was omitted.
A payment on account for $ was credited to Cash for $ and credited to Accounts Payable for $
A dividend of $ was debited to Salaries and Wages Expense for $ and credited to Cash for $
Prepare a correct trial balance.WATERWAY CO
TRIAL BALANCE
JUNE
Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the
following errors.
Cash received from a customer on account was debited for $ and Accounts Receivable was credited for the same amount.
The actual collection was for $
The purchase of a computer printer on account for $ was recorded as a debit to Supplies for $ and a credit to
Accounts Payable for $
Services were performed on account for a client for $ Accounts Receivable was debited for $ and Service Revenue
was credited for $
A payment of $ for telephone charges was recorded as a debit to Office Expense for $ and a debit to Cash for $
When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $ was
performed prior to June related to Unearned Service Revenue
A debit posting to Salaries and Wages Expense of $ was omitted.
A payment on account for $ was credited to Cash for $ and credited to Accounts Payable for $
A dividend of $ was debited to Salaries and Wages Expense for $ and credited to Cash for $
Prepare a correct trial balance.
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