The trial balance prepared at December 31, did not balance. Debit total was P1,592,500 and credit total was P1,532,000. In determining the cause of the difference, you discovered the following errors: a credit to Cash of P6,500 was not posted; a P20,000 credit to be made to Sales account was credited to the Accounts Receivable account instead; the wages payable account balance of P93,000 was listed in the trial balance as P39,000. What is the correct trial balance total?

a. P1,592,500b. P1,606,000c. P1,612,500d. P1,586,000 I'm getting "a" but the answer is supposed to be "b". Please show the solution

Question

The trial balance prepared at December 31, did not balance. Debit total was P1,592,500 and credit total was P1,532,000. In determining the cause of the difference, you discovered the following errors: a credit to Cash of P6,500 was not posted; a P20,000 credit to be made to Sales account was credited to the Accounts Receivable account instead; the wages payable account balance of P93,000 was listed in the trial balance as P39,000. What is the correct trial balance total?

a. P1,592,500b. P1,606,000c. P1,612,500d. P1,586,000 I'm getting "a" but the answer is supposed to be "b". Please show the solution

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The trial balance prepared at December 31, did not balance. Debit total was P1,592,500 and credit total was P1,532,000. In determining the cause of the

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