Question

The trial balance for Treasure Hunt Exploration Company does not balance.

.:.
The following errors were detected:
a. The Cash balance is overstated by $ 5,000.
b. Rent Expense of $ 340 was erroneously posted as a credit rather than a debit.
c. A $ 6,800 credit to Service Revenue was not posted.
d. A $ 400 debit to Accounts Receivable was posted as $ 40.
e. The balance of Utilities Expense is understated by $ 70.
f. A $ 900 purchase of office supplies on account was neither journalized nor posted.
g. Computers should be $ 16,490.
Prepare the corrected trial balance at February 28, 2015. Journal entries are not required.



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  • CreatedJanuary 16, 2015
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