The trial balance of the Cullumber Company shown below does not balance. CULLUMBER COMPANY Trial Balance June 30, 2022 Debit Credit Cash $5,400 Accounts Receivable 7,500 Supplies 550 Equipment 9,000 Accounts Payable $12,000 Common Stock 1,306 Dividends 1,750 Service Revenue 17,700 Salaries and Wages Expense 3,800 Maintenance and Repairs Expense 1,800 Totals $29,800 $31,006 An examination of the leder and journal reveals the following errors: 1. Each of the above listed accounts has a normal balance per the general ledger. 2. Cash of $410 received from a customer on account was debited to Cash $500 and credited to Accounts Receivable $500. 3. Dividends of $400 paid to stockholders were posted as a credit to Dividends, $400, and a credit to Cash $400. 4. Salaries and Wages Expense of $400 was omitted from the trial balance. 5. The purchase of equipment on account for $850 was recorded as a debit to Maintenance and Repairs Expense and a credit to Accounts Payable for $850. 6. Services were performed on account for a customer, $S40, for which Accounts Receivable was debited $540 and Service Revenue was credited $54. 7. A payment on account for $220 was credited to Cash for $220 and credited to Accounts Payable for $272. Prepare a correct trial balance. CULLUMBER COMPANY Trial Balance Debit Credit 7. A payment on account for $220 was credited to Cash for $220 and credited to Accounts Payable for $272 Prepare a correct trial balance CULLUMBER COMPANY Trial Balance Debit Credit Save for Later Attempts: 0 of 1 used Submit