The following preliminary unadjusted trial balance of Awesome Co., a sports ticket agency, does not balance:

When the ledger and other records are reviewed, you discover the following:
(1) The debits and credits in the cash account total $94,700 and $67,950, respectively;
(2) A billing of $5,000 to a customer on account was not posted to the accounts receivable account;
(3) A payment of $3,600 made to a creditor on account was not posted to the accounts payable account;
(4) The balance of the unearned rent account is $8,500;
(5) The correct balance of the equipment account is $150,000;
(6) Each account has a normal balance.
Prepare a corrected unadjusted trialbalance.

Transcribed Image Text:

Awesome Co Unadjusted Trial Balance December 31, 2008 Debit Balances Credit Balances 16,000 25,960 5,800 Service Revenue 167,500 84,000 2,850 302,110 353, 140