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You work as a bookkeeper for a small production company. Their accounting systems are not automated and, for this reason, they often make mistakes. You
You work as a bookkeeper for a small production company. Their accounting systems are not automated and, for this reason, they often make mistakes. You are to identify and correct the errors in the following Trial Balance. Trial Balance DR CR Bank $ 20,000.00 Loan $ 10,000.00 Equipment $ 2,000.00 Salary $ 2,000.00 Revenue $ 15,000.00 Tax Expense $ 1,000.00 Office Supplies $ 1,500.00 Loan Expense $ 500.00 TOTAL $ 27,000.00 $ 25,000.00 As you can see above the total value is not balanced; your task is to identify and correct the errors. Carefully read the information provided to complete this task: The following are the transactions that happened during the period. You know that these transactions are correctly recorded
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