Terry Zelinski, the owner of Splish Brothers Mountain Tours, prepared the following trial balance at March 31, 2021.

Cash

$13,110

Accounts receivable

3,390

Supplies

840

Equipment

7,380

Accounts payable

$2,600

T. Zelinski, capital

23,860

T. Zelinski, drawings

3,620

Service revenue

6,850

Advertising expense

3,670

Salaries expense

380

Totals

$35,620

$30,080

A review shows that Terry made the following errors in the accounting records:

1. A purchase of $500 of supplies on account was recorded as a credit to cash. The debit entry was correct.

2. A $200 credit to accounts receivable was posted as $2,000.

3. A journal entry to record service revenue of $570 earned on account was not prepared or posted.

4. A journal entry to record the payment of $440 for an advertising expense was correctly prepared but the credit to cash was posted as a debit. The debit to advertising expense was properly posted.

Prepare the correct trial balance at March 31, 2021, using the format shown in the chapter. (Hint: You should also make sure that the account balances are recorded in the correct columns on the trial balance.)

SPLISH BROTHERS MOUNTAIN TOURS

Trial Balance

choose the accounting period

Debit

Credit

select an account title

$enter a debit balance

$enter a credit balance

select an account title

enter a debit balance

enter a credit balance

select an account title

enter a debit balance

enter a credit balance

select an account title

enter a debit balance

enter a credit balance

select an account title

enter a debit balance

enter a credit balance

select an account title

enter a debit balance

enter a credit balance