The trial balance of Building Blocks Child Care does not balance.

The following errors are detected:

a. Cash is understated by $ 4,000.

b. A $ 2,000 debit to Accounts

c. A $ 1,200 purchase of office supplies on account was neither journalized nor posted.

d. Equipment was incorrectly transferred from the ledger as $ 88,000. It should have been transferred as $ 87,700.

e. Salaries Expense is overstated by $ 100.

f. A $ 300 cash payment for advertising expense was neither journalized nor posted.

g. A $ 100 cash dividend was incorrectly journalized as $ 1,000.

h. Service Revenue was understated by $ 4,000.

i. A 12-month insurance policy was posted as a $ 2,000 credit to Prepaid Insurance. Cash was posted correctly.

Prepare the corrected trial balance as of May 31, 2015. Journal entries are not required.

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BUILDING BLOCKS CHILD CARE Trial Balance May 31, 2015 Balance Account Title Debit Credit Cash $ 6,300 Accounts Receivable 3,000 Office Supplies 700 Prepaid Insurance 400 Equipment 88,000 Accounts Payable $ 7,000 Notes Payable 50,000 Common Stock 50,800 Dividends 2,600 Service Revenue 4,700 Salaries Expense 3,200 Rent Expense 700 Total S 104,900 $ 112,500