The trial balance of Garvey, Inc., at September 30, 2014 does not balance:

(Click the icon to view the trial balance.)

The accounting records hold the following errors:

a.	Recorded a $200 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct.
b.	Posted a $3,000 credit to Accounts Payable as $300.
c.	Did not record utilities expense or the related account payable in the amount of $210.
d.	Understated Common Stock by $200.
e.	Omitted Insurance Expense of $3,800 from the trial balance.

Requirement

1. Prepare the correct trial balance at September 30, 2014, complete with a heading. Journal entries are not required.

A correct trial balance will start with the appropriate header. Then enter the correct account balances after you adjust for the errors found in the investigation. Total the debits and credits.

		Garvey, Inc.
		Trial Balance
		September 30, 2014
	Account		Debit	Credit
	Cash
	Accounts receivable
	Inventory
	Supplies
	Land
	Accounts payable
	Common stock
	Sales revenue
	Insurance expense
	Salary expense
	Rent expense
	Utilities expense
	Total

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The trial balance of Garvey, Inc., at September 30, 2014 does not balance: (Click the icon to view the trial balance.) The accounting records hold the following errors: a. Recorded a $200 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $3,000 credit to Accounts Payable as $300. c. Did not record utilities expense or the related account payable in the amount of $210. d. Understated Common Stock by $200. e. Omitted Insurance Expense of $3,800 from the trial balance. Requirement 1. Prepare the correct trial balance at September 30, 2014, complete with a heading. Journal entries are not required. 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. The trial balance of Garvey, Inc., at September 30, 2014 does not balance: (Click the icon to view the trial balance.) The accounting records hold the following errors: a. Recorded a $200 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $3,000 credit to Accounts Payable as $300. c. Did not record utilities expense or the related account payable in the amount of $210. d. Understated Common Stock by $200. e. Omitted Insurance Expense of $3,800 from the trial balance. Requirement 1. Prepare the correct trial balance at September 30, 2014, complete with a heading. Journal entries are not required. 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