The following trial balance does not balance:

The following errors were detected:
a. The cash balance is understated by $1,300.
b. The cost of the land was $44,600, not $46,600.
c. A $400 purchase of supplies on account was neither journalized nor posted.
d. A $3,000 credit to Consulting Service Revenue was not posted.
e. Rent Expense of $200 was posted as a credit rather than a debit.
f. The balance of Advertising Expense is $600, but it was listed as $400 on the trial balance.
g. A $300 debit to Accounts Receivable was posted as $30. The credit to Consulting Service
Revenue was correct.
h. The balance of Utilities Expense is overstated by $80.
i. A $900 debit to the R. Minter, Withdrawals account was posted as a debit to R. Minter, Capital.
Required
Prepare the corrected trial balance at June 30, 2014. Journal entries are not required.

Transcribed Image Text:

MINTER LANDSCAPE CONSULTING Trial Balance June 30, 2014 $ 1,600 Cash Accounts receivable 10,000 Supplies 900 Office furniture 3,600 Land 46,600 $ 3,800 Accounts payable Notes payable R. Minter, capital R. Minter, withdrawals 23,000 31,600 2,000 7,300 Consulting service revenue Advertising expense Rent expense Salary expense Utilities expense 400 1,000 2,100 410 $68,610 $65,700 Total