Reference no: EM132664548

The debit total of a trial balance exceeds the credit total by 600. In investigating the cause of the difference, the following errors were determined:

a) A debit to accounts receivable of 2,100 was not posted;
b) A 10,500 credit to be made to the Purchases account was credited to Accounts payable instead;
c) A 26,000 credit to be made to the Sales account was credited to the Accounts receivable account instead;
d) The prepaid rent account balance of 15,800 was included in the trial balance as 18,500.

Problem 1: How much is the correct balance of the trial balance?

a. 36,500

b. 15,500

c. 20,900

d. 13,400