• The following trial balance of Sergei Asbrecht Co. does not balance. Problems: Set A 2-41 Prepare a correct trial balance. Excel Sergei Asbrecht Co. Trial Balance June 30, 2020 Debit Credit $ 3,140 3,666 Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Owner’s Capital Owner’s Drawings Service Revenue Salaries and Wages Expense Utilities Expense $ 2,812 1,200 2,600 1,100 3,200 $12,522 8,000 800 $17,286 2,480 810 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer in payment of its account was debited for $850, and Accounts Receivable was credited for the same amount. The actual collection was for $580. 2. The purchase of a computer on account for $710 was recorded as a debit to Supplies for $710 and a credit to Accounts Payable for $710. 3. Services were performed on account for a client for $980. Accounts Receivable was debited for $980, and Service Revenue was credited for $98. 4. A debit posting to Salaries and Wages Expense of $900 was omitted. 5. A payment of a balance due for $306 was credited to Cash for $306 and credited to Accounts Payable for $360. 6. The withdrawal of $600 cash for Sergei’s personal use was debited to Salaries and Wages Expense for $600 and credited to Cash for $600. Instructions Prepare a correct trial balance. (Hint: It helps to prepare the correct journal entry for the transaction described and compare it to the mistake made.)