The trial balance of Dominic Company shown below does not balance. Credit $2,730 DOMINIC COMPANY Trial Balance May 31, 2015 Debit Cash $5,380 Accounts Receivable Prepaid Insurance 840 Equipment 13,530 Accounts Payable Unearned Service Revenue 700 Common Stock Service Revenue 8,670 Salaries and Wages Expense 4,340 Advertising Expense Utilities Expense 800 $34,260 6,030 13,230 960 $22,950 Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. 1. 2. 3. 4. 5. 6. 7. The totals of the debit sides of Prepaid Insurance, Accounts Payable, and Utilities Expense were each understated $100. Transposition errors were made in Accounts Receivable and Service Revenue. Based on postings made, the correct balances were $2,370 and $8,760, respectively. A debit posting to Salaries and Wages Expense of $200 was omitted. A $1,650 cash dividend was debited to Common Stock for $1,650 and credited to Cash for $1,650. A $480 purchase of supplies on account was debited to Equipment for $480 and credited to Cash for $480. A cash payment of $630 for advertising was debited to Advertising Expense for $63 and credited to Cash for $63. A collection from a customer for $410 was debited to Cash for $410 and credited to Accounts Payable for $410. DOMINIC COMPANY Trial Balance May 31, 2015 Debit Credit Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Unearned Service Rever Common Stock Service Revenue Salaries and Wages Exp Advertising Expense Utilities Expense Dividends Supplies