Identify the errors in the following trial balance. All accounts have normal balances. Mascot Co. Unadjusted Trial

Identify the errors in the following trial balance. All accounts have normal balances.

Transcribed Image Text:

Mascot Co. Unadjusted Trial Balance For the Month Ending July 31, 20Y3 Account Debit Balances 36,000 Credit Balances No. Cash... Accounts Receivable. 11 12 Prepaid Insurance. Equipment... Accounts Payable.. Salaries Payable.. Samuel Parson, Capital.. Samuel Parson, Drawing.. Fees Earned. . 112,600 13 18,000 14 375,000 21 53,300 22 7,500 297,200 31 32 17,000 41 Salary Expense... Advertising Expense.. Miscellaneous Expense. 682,000 51 396,800 52 73,000 59 11,600 1,189,300 1,189,300