The trial balance of Watteau Co. does not balance. WATTEAU CO. TRIAL BALANCE JUNE 30, 2014 Debit Credit Cash $3,365 Accounts Receivable $3,726 Supplies

The trial balance of Watteau Co. does not balance.
WATTEAU CO.
TRIAL BALANCE
JUNE 30, 2014
Debit Credit
Cash $3,365
Accounts Receivable $3,726
Supplies 1,295
Equipment 4,295
Accounts Payable 3,161
Unearned Service Revenue 1,695
Common Stock 6,495
Retained Earnings 3,495
Service Revenue 2,875
Salaries and Wages Expense 3,895
Office Expense 1,435
Totals $16,341 $19,391
Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.
1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750.
2. The purchase of a computer printer on account for $995 was recorded as a debit to Supplies for $995 and a credit to Accounts Payable for $995.
3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89.
4. A payment of $560 for telephone charges was recorded as a debit to Office Expense for $560 and a debit to Cash for $560.
5. When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $820 was performed prior to June 30 (related to Unearned Service Revenue).
6. A debit posting to Salaries and Wages Expense of $1,165 was omitted.
7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260.
8. A dividend of $1,070 was debited to Salaries and Wages Expense for $1,070 and credited to Cash for $1,070.
Prepare a correct trial balance.

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