The trial balance of St. James, Inc., at September 30, 2018, does not balance: |(Click the icon to view the trial balance.) The accounting records hold the following errors: (Click the icon to view the errors) Requirement 1. Prepare the corrected trial balance at September 30, 2018, 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. Start by selecting the correct header for the trial balance. The actual trial balance follows in the next step. St. James, Inc. Trial Balance September 30, 2018 Balance Account Debit Credit Cash 14,400 Accounts receivable 13,300 Inventory 17,500 Supplies 300 Land 55,600 The trial balance of St. James, Inc., at September 30, 2018, does not balance: E: (Click the icon to view the trial balance.) The accounting records hold the following errors: (Click the icon to view the errors) Requirement 1. Prepare the corrected trial balance at September 30, 2018, complete with a heading. Journal entries are not required. Cash 14,400 Accounts receivable 13,300 Inventory 17,500 Supplies 300 Land 55,600 Accounts payable 11,500 Common stock 47,900 Service revenue 46,400 Insurance expense Salary expense 1,900 Rent expense 300 Utilities expense 1,100 Total 104,400 105,800 Enter any number in the edit fields and then click Check Answer. Cash.. $ 14,400 13,300 Accounts receivable... Inventory .. Supplies 17,500 300 Land. 55,600 Accounts payable $ 11,500 Common stock.. 47,900 Service revenue. 46,400 Salary expense 1,900 Rent expense. 300 Utilities expense. 1,100 $ 104,400 $ 105,800 Total .. a. Recorded a $400 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $4,000 credit to Accounts Payable as $400. c. Did not record utilities expense or the related account payable in the amount of $600. d. Understated Common Stock by $400. e. Omitted Insurance Expense of $5,400 from the trial balance