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The following is the unadjusted trial balance of TITAN company for the month ended March 31, 2019. You are required to correct the trial balance
The following is the unadjusted trial balance of TITAN company for the month ended March 31, 2019. You are required to correct the trial balance after considering the following three transactions facts [6] Accounts Debit Credit Cash 116250 Accounts receivable 8400 Supplies 3675 Equipment 16800 Accounts Payable 25500 Notes payable Common stock 30000 Retained earnings 11850 Dividends 9000 Service revenue 148950 Advertising expenses 6525 Wage expenses 69750 Rs230400 Rs257400 (a) A service fee of Rs27000 was earned but not yet collected by the end of the period but was accidently not recorded. (b) Instead of reporting the wage expense of Rs96750 on the trial balance, it was inadvertently recorded as Rs69750. ) Machines worth Rs13500 were purchased on credit but were not recorded in the accounting books.I
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