The accountant for Evas Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted trial balance and the amounts of the adjustments are correct.

Evas Laundry

Trial Balances

May 31, 2018

1		Unadjusted	Unadjusted	Adjusted	Adjusted
2		Debit Balances	Credit Balances	Debit Balances	Credit Balances
3	Cash	$7,655.00		$7,655.00
4	Accounts receivable	18,195.00		22,770.00
5	Laundry Supplies	3,670.00		6,715.00
6	Prepaid Insurance*	5,510.00		1,710.00
7	Laundry Equipment	189,300.00		176,345.00
8	Accumulated DepreciationLaundry Equipment		$47,515.00		$47,515.00
9	Accounts Payable		9,560.00		9,560.00
10	Wages Payable				1,400.00
11	Common Stock		37,500.00		37,500.00
12	Retained Earnings		69,990.00		69,990.00
13	Dividends	28,695.00		28,695.00
14	Laundry Revenue		184,700.00		184,700.00
15	Wages Expense	48,995.00		48,995.00
16	Rent Expense	25,265.00		25,265.00
17	Utilities Expense	18,985.00		18,985.00
18	Depreciation Expense			12,955.00
19	Laundry Supplies Expense			3,045.00
20	Insurance Expense			755.00
21	Miscellaneous Expense	2,995.00		2,995.00
22		$349,265.00	$349,265.00	$356,885.00	$356,885.00

* $3,800 of insurance expired during the year.

Identify the errors in the accountant's adjusting entries by preparing a corrected adjusted trial balance. Assume that none of the accounts were affected by more than one adjusting entry. If an amount box does not require an entry, leave it blank.

Corrected Adjusted Trial Balance

Identify the errors in the accountant's adjusting entries by preparing a corrected adjusted trial balance. Assume that none of the accounts were affected by more than one adjusting entry. If an amount box does not require an entry, leave it blank.

Eva's Laundry

ADJUSTED TRIAL BALANCE

May 31, 2018

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash
2	Accounts Receivable
3	Laundry Supplies
4	Prepaid Insurance*
5	Laundry Equipment
6	Accumulated Depreciation-Laundry Equipment
7	Accounts Payable
8	Wages Payable
9	Common Stock
10	Retained Earnings
11	Dividends
12	Laundry Revenue
13	Wages Expense
14	Rent Expense
15	Utilities Expense
16	Depreciation Expense
17	Laundry Supplies Expense
18	Insurance Expense
19	Miscellaneous Expense
20	Totals

* $3,800 of insurance expired during the year.