Upon reviewing the trial balance and the process of transferring the amounts in the ledger accounts to the trial balance, two errors were discovered: a) The debit column in the trial balances was footed incorrectly. b) The balance in the accounts payable ledger account of OMR 62,700 was transferred as OMR 72,600. When the balances of the ledger accounts were recomputed, two more errors were discovered: c) The Utilities Expense account balance was overstated by OMR 1,800. d) The total debits in the Cash account amounted to OMR 184,600 and the credits totalled OMR 149,800. Discovered four more errors when postings were retraced from the journal to the ledger: e) A debit posting to Accounts Receivable in the amount of OMR 52,000 should have been OMR 5,200. f) A debit posting to Accounts Payable for OMR 46,000 was missing. g) A credit posting to Service Revenues in the amount of OMR 7,600 was missing. h) A credit of OMR 31,000 was posted to Accounts Payable rather than OMR 30,100. Question No. 4 Required: Prepare a corrected trial balance.

Upon reviewing the trial balance and the process of transferring the amounts in the ledger accounts to the trial balance, two errors were discovered: a) The debit column in the trial balances was footed incorrectly. b) The balance in the accounts payable ledger account of OMR 62,700 was transferred as OMR 72,600. When the balances of the ledger accounts were recomputed, two more errors were discovered: c) The Utilities Expense account balance was overstated by OMR 1,800. d) The total debits in the Cash account amounted to OMR 184,600 and the credits totalled OMR 149,800. Discovered four more errors when postings were retraced from the journal to the ledger: e) A debit posting to Accounts Receivable in the amount of OMR 52,000 should have been OMR 5,200. f) A debit posting to Accounts Payable for OMR 46,000 was missing. g) A credit posting to Service Revenues in the amount of OMR 7,600 was missing. h) A credit of OMR 31,000 was posted to Accounts Payable rather than OMR 30,100. Question No. 4 Required: Prepare a corrected trial balance.

Case 3 The March 2020 unadjusted trial balance of Ismail Consultancy Services owned by Ismail Al Weheibi is presented below. The regular bookkeeper has resigned and left the following trial balance which is obviously incorrect as it did not balance. Ismail Consultancy Services Unadjusted Trial Balance March 31, 2020 Accounts Debit (OMR) 44.800 Credit (OMR) Cash Accounts Receivable 189,600 Supplies 70,800 560,000 Equipment Accounts Payable 72,600 513,000 Capital Drawing 50.000 Service Revenues 371,600 35.000 10.000 Salaries Expense Rent Expense Utilities Expense Totals 6.400 916,600 1,017.200