The following trial balance of Blues Traveler Corporation does not balance. BluesTraveler Corporation Trial Balance April 30, 2020 DebitCredit Cash $5,912 Accounts Receivable5,240 Supplies2,967 Equipment6,100 Accounts Payable$7,044 Common Stock8,000 Retained Earnings2,000 Service Revenue5,200 Of±ce Expense4,320 $24,539$22,244 An examination of the ledger shows these errors.
1/27/23, 6:07 PMNWP Assessment Player UI Application https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchId=b4baca32-7d96-41c1-b1d2-1a7e9c4d51dd#/question/12/31.Cash received from a customer on account was recorded (both debit and credit) as $1,380 instead of $1,830. 2.The purchase on account of a computer costing $3,200 was recorded as a debit to Of±ce Expense and a credit to Accounts Payable. 3.Services were performed on account for a client, $2,250, for which Accounts Receivable was debited $2,250 and Service Revenue was credited $225. 4.A payment of $95 for telephone charges was entered as a debit to Of±ce Expense and a debit to Cash. 5.The Service Revenue account was totaled at $5,200 instead of $5,280. From this information prepare a corrected trial balance. BLUESTRAVELER CORPORATION Trial Balance April 30, 2020 Debit Cash$$ Accounts ReceivableSuppliesEquipmentAccounts Payable Common Stock Retained Earnings Service Revenue Of±ce Expense6172 4790 2967 9300 1120.
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