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This trial balance of Titus Co. does not balance. TITUS COMPANY Trial Balance June 30, 2010 Debit Credit Cash $4,759 Accounts Receivable $5,129 Supplies 1,763
This trial balance of Titus Co. does not balance. TITUS COMPANY Trial Balance June 30, 2010 Debit Credit Cash $4,759 Accounts Receivable $5,129 Supplies 1,763 Equipment 4,669 Accounts Payable 5,335 Unearned Revenue2,163 Common Stock 10,669 Dividends 800 Service Revenue 5,149 Salaries Expense 3,530 Office Expense 910 $18,964 $25,912 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $580, and Accounts Receivable was credited for the same amount. The actual collection was for $980. 2. The purchase of a typewriter on account for $355 was recorded as a debit to Supplies for $355 and a credit to Accounts Payable for $355. 3. Services were performed on account for a client for $800. Accounts Receivable was debited for $80 and Service Revenue was credited for $800. 4. A debit posting to Salaries Expense of $570 was omitted. 5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 6. Payment of a $692 cash dividend to Titus's stockholders was debited to Salaries Expense for $692 and credited to Cash for $692. Complete the correct trial balance. (If answer is zero please enter 0, do not leave any fields blank.) TITUS COMPANY Trial Balance June 30, 2010 Debit Credit Cash $ 0 Accounts Receivable 0 Supplies 0 Equipment 0 Accounts Payable 0 Unearned Revenue 0 2163 Common Stock 0 10669 Dividends 0 Service Revenue 0 5149 Salaries Expense 0 Office expense 910 0 $ $
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