Review Kelly Long Travel Design’s trial balance. Assume that Long accidentally listed dividends as \($100\) instead of the correct amount of $1,000.

Requirement 

1. Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error, which is called a slide.

Transcribed Image Text:

KELLY LONG TRAVEL DESIGN Trial Balance January 31, 2011 Balance Account Title Debit Credit Cash $ 19,000 Accounts receivable 1,000 Office supplies 500 Land 13,000 Accounts payable $ 400 Common stock 29,000 Dividends 100 Service revenue 8,400 Rent expense, computer 800 Rent expense, office 1,100 Salary expense 1,100 Utilities expense 300 Total