An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance,
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An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances arenormal.
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CINELLI COMPANY Trial Balance December 31, 2014 Debit Credit Cash Prepaid Insurance Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense $20,800 3,500 2,500 1,800 10,000 6,600 5,000 25,600 14,600 2,600 $55,800 $37,200
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Jehal Shah
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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