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The trial balance of Love to Learn Child Care does not balance. (Click the icon to view the trial balance.) . The following errors are
The trial balance of Love to Learn Child Care does not balance. (Click the icon to view the trial balance.) . The following errors are detected ( Click the icon to view the err Prepare the corrected trial balanc Love to Learn Child Care Trial Balance May 31, 2018 May 31, 2018 Balance Debit Credit More Info Account Title Account Title Balance Debit Credit 8,060 $ 8,700 1,000 1,700 90.400 Cash Accounts Recelvable Office Supplies Prepaid Insurance Equipment Accounts Payablo Notes Payable Common Stock Dividends Service Revenue Salaries Expense S a. Cash is understated by $1,800. b. A $3,800 debit to Accounts Receivable was posted as a credit. c. A $1,000 purchase of office supplies on account was neither joumalized nor posted d. Equipment was incorrectly transferred from the ledger as $90,400. It should have been transferred as $82,500. e. Salaries Expense is overstated by $350. f f. AS300 cash payment for advertising expense was neither journalized nor posted. g. A $160 cash dividend was incorrectly oumalized as $1,600. h. Service Revenue was understated by $4,000. 1. A 12-month insurance policy was posted as a $1,400 credit to Prepaid Insurance. Cash was posted correctly. 3,000 45,000 54,000 3.740 16,300 4,350 400 Rent Expense Print Done $ 118,350 $ 118,300 TI Total Print Done Choose from any list or enter any number in the input fields and then click Check
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