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Financial Accounting 11th
An inexperienced bookkeeper prepared the following trial balance. Prepare a

An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances

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An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal.

Erika Company Trial Balance December 31, 2022 Debit Credit Cash $ 16,800 Prepaid Insurance $ 3,500 Accounts Payable 3,000 Unearned Service Revenue 4,200 Common Stock 13,000 Dividends 4,500 Service Revenue 25,600 Salaries and Wages Expense 18,600 Rent Expense 2,400 $39,600 $52,000

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Erika Company Trial Balance December 31, 2022 Debit Credit Cash $ 16,800 Prepaid Insurance $ 3,500 Accounts Payable 3,000 Unearned Service Revenue 4,200 Common Stock 13,000 Dividends 4,500 Service Revenue 25,600 Salaries and Wages Expense 18,600 Rent Expense 2,400 $39,600 $52,000

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Financial Accounting

ISBN: 9781119594598

11th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Oct 16, 2020 02:21 AM

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An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances

Question:

Erika Company Trial Balance December 31, 2022 Debit Credit Cash $ 16,800 Prepaid Insurance $ 3,500 Accounts Payable 3,000 Unearned Service Revenue 4,200 Common Stock 13,000 Dividends 4,500 Service Revenue 25,600 Salaries and Wages Expense 18,600 Rent Expense 2,400 $39,600 $52,000

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