Question: 7. Errors in the Parker Interiors trial balance include all items below except: a. C. Parker, Drawing should be debited. b. Fees Income should be

7. Errors in the Parker Interiors trial balance include all items below except:

a. C. Parker, Drawing should be debited.

b. Fees Income should be credited.

c. total debits and total credits should equal $51,000.

d. Equipment should be credited.

Parker Interiors Trial Balance December 31, 20X1 Debit Credit Cash Accts. Rec.

Parker Interiors Trial Balance December 31, 20X1 Debit Credit Cash Accts. Rec. Equip. 15,000.00 10,000.00 7,000.00 Accts. Pay. 15,000.00 C. Parker, Capital 22,000.00 C. Parker, Drawing 10,000.00 Fees Income 14,000.00 Rent Exp. 2,000.00 Supplies Exp. 2,000.00 Telephone Exp. 5,000.00 Totals 55,000.00 47,000.00

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