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This trial balance of Ivanhoe Company does not balance. This trial balance of Ivanhoe Company does not balance. Each of the listed accounts has a
This trial balance of Ivanhoe Company does not balance. This trial balance of Ivanhoe Company does not balance.
Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following
errors:
Cash received from a customer on account was debited for $ and Accounts Receivable was credited for the same amount.
The actual collection was for $
The purchase of a printer on account for $ was recorded as a debit to Supplies for $ and a credit to Accounts Payable
for $ Debit
Supplies
Equipment
Accounts Payable
Unearned Service Revenue
Common Stock
Dividends
Service Revenue
Salaries and Wages Expense
$
Credit
$
$
$
Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following
errors:
Cash received from a customer on account was debited for $ and Accounts Receivable was credited for the same amount.
The actual collection was for $
The purchase of a printer on account for $ was recorded as a debit to Supplies for $ and a credit to Accounts Payable
for $
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