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Make the corrected trial balance

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Reference no: EM13487675

Question :

The trial balance for Delainey Fitness, shown below, does not balance. The following error were detected:

a. The cash balance is overstated by $6,000.

b. Rent expense of $3,000 was posted as a credit rather than a debit.

c. The balance of Advertising Expense is $4,500, but it is listed as $6,000 on the trial balance

d. A $9,000 debit to Accounts Receivable was posted as $900.

e. The balance of Utilities Expense is understated by $900.

f. A $19,500 debit to the E. Delainey, Withdrawals account was posted as a debit to Delainey Capital.

g. A $1,500 purchase of supplies on account was neither journalized nor posted.

h. An $87,000 credit to Service Revenue was not posted.

i. Office furniture should be listed in the amount of $19,500.

1580_Prepare the corrected trial balance.png

Prepare the corrected trial balance at October 31, 2010. Journal entries are not required.

Reference no: EM13487675

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