The trial balance of Avtar Sandhu Co. shown below does not balance.

Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.

1. Cash received from a customer in payment of its account was debited for $580, and Accounts Receivable was credited for the same amount. The actual collection was for $850.

2. The purchase of a computer on account for $710 was recorded as a debit to Supplies for $710 and a credit to Accounts Payable for $710.

3. Services were performed on account for a client for $980. Accounts Receivable was debited for $980, and Service Revenue was credited for $98.

4. A debit posting to Salaries and Wages Expense of $700 was omitted.

5. A payment of a balance due for $306 was credited to Cash for $306 and credited to Accounts Payable for $360.

6. The withdrawal of $600 cash for Sandhu’s personal use was debited to Salaries and Wages Expense for $600 and credited to Cash for $600.

Instructions

Prepare a correct trial balance.

Transcribed Image Text:

AVTAR SANDHU CO Trial Balance June 30, 2017 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Utilities Expense 3,340 s 2,812 1,200 2,600 3,666 8,000 2,480 1,100 800 3,200 810 S12,522 $17,486