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The trial balance of Addison, Inc., at September 30, 2018, does not balar (Click the icon to view the trial balance.) Addison, Inc. Trial Balance
The trial balance of Addison, Inc., at September 30, 2018, does not balar (Click the icon to view the trial balance.) Addison, Inc. Trial Balance September 30, 2018 Balance Account Debit Credit Cash Accounts receivable Inventory Supplies Land Accounts payable Common stock Sales revenue Insurance expense Salary expense Rent expense Utilities expense Total Enter any number in the edit fields and then click Check Answer. i Data Table Cash ... $ Accounts receivable 14,100 12,700 .... 16,900 800 Inventory Supplies .. Land.. Accounts payable Common stock.... 59,000 $ 12,300 47,100 Sales revenue 49,700 Salary expense 2,000 Rent expense. 1,000 300 Utilities expense.... $ Total 106,800 $ 109,100 Print Done i More Info a. Recorded a $700 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $1,000 credit to Accounts Payable as $100. c. Did not record utilities expense or the related account payablerin the amount of $400. d. Understated Common Stock by $200. e. Omitted Insurance Expense of $3,400 from the trial balance. Print Done
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