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The following trial balance of Unique Company as of December 3 1 , 2 0 2 2 is out of balance. Debit Credit Cash 7
The following trial balance of Unique Company as of December is out of balance.
Debit
Credit
Cash
Accounts receivable
Office equipment
Accounts payable
Jose Capital
Service Income
Salary Expense
Rent Expense
Utilities Expense
In the process of verifying the amount in the trial balance, the following errors were discovered:
A debit to P was not posted to accounts payable
A debit to utilities expense for P was posted as P
A debit entry for accounts receivable was posted to the credit side, P
Service income of P was posted twice.
Questions:
What will be the correct balance of the trial balance as of December
How much is the correct net income of Unique Company?
How much is the correct total assets of Unique Company as of December
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