The trial balance of Cervantes Corporation, below, does not balance.

An examination of the ledger shows these errors.
1. Cash received from a customer on account was recorded (both debit and credit) as $2,760 instead of $3,660.
2. The purchase on account of a computer costing $6,400 was recorded as a debit to Office Expense and a credit to Accounts Payable.
3. Services were performed on account for a client, $4,500, for which Accounts Receivable was debited $4,500 and Service Revenue was credited $450.
4. Apayment of $190 for telephone charges was entered as a debit to Office Expenses and a debit to Cash.
5. The Service Revenue account was totaled at $10,400 instead of $10,560.

Instructions
From this information prepare a corrected trialbalance.

Transcribed Image Text:

CERVANTES CORPORATION TRIAL BALANCE APRIL 30, 2014 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense $11,824 10,480 5,934 12,200 $14,088 16,000 4,000 10,400 8,640 $49,078 $44,488