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An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. IVANHOE COMPANY

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An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. IVANHOE COMPANY Trial Balance December 31, 2017 Credit Debit $21,970 Cash $5,220 Prepaid Insurance 3,670 Accounts Payable 3,990 Unearned Service Revenue 10,000 Common Stock 6,600 Retained Earnings 7,250 Dividends Service Revenue 27,320 12,350 Salaries and Wages Expense 4,790 Rent Expense $38,310 $64,850 IVANHOE COMPANY Trial Balance Debit Credit

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