The trial balance of Carver, Inc., at September 30, 2016, does not balance.

The accounting records hold the following errors:
a. Recorded a $200 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct.
b. Posted a $2,000 credit to Accounts Payable as $200.
c. Did not record utilities expense or the related account payable in the amount of $650.
d. Understated Common Stock by $300.
e. Omitted Insurance Expense of $3,300 from the trial balance.
Requirement
1. Prepare the correct trial balance at September 30, 2016, complete with a heading. Journal entries are not required.

Transcribed Image Text:

S 14,100 12,600 17,200 800 52,000 Cash Inventory. Supplies Lan Accounts payable. Common stock. $12,100 47,600 41,000 Salary expense Rent expense Utilities expense 2,100 500 200 $99,500 $100,700