Question
The following trial balance does not balance. Make the necessary adjustments to correctly balance the trial balance and by placing the account balances in the
The following trial balance does not balance.
Make the necessary adjustments to correctly balance the trial balance and by placing the account balances in the correct debit/credit column.
The following corrections and or adjustments need to be made for errors in the trial balance:
A number of account balances have been placed on the wrong side of the trial balance
An amount of $7,000 was omitted to be posted to the credit side of the Bank account
An amount of $6,000 was wrongly posted to the credit side instead of the debit side of the Inventory account
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