The trial balance of Blues Traveler Corporation 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 $1,380 instead of $1,830.

2. The purchase on account of a computer costing $3,200 was recorded as a debit to Office Expense and a credit to Accounts Payable.

3. Services were performed on account for a client, $2,250, for which Accounts Receivable was debited $2,250 and Service Revenue was credited $225.

4. A payment of $95 for telephone charges was entered as a debit to Office Expenses and a debit to Cash.

5. The Service Revenue account was totaled at $5,200 instead of $5,280.

Instructions

From this information prepare a corrected trial balance.

Transcribed Image Text:

Blues Traveler Corporation Trial Balance April 30, 2008 Debit Credit Cash $ 5,912 Accounts Receivable 5,240 Supplies on Hand Furniture and Equipment 2,967 6,100 $ 7,044 Accounts Payable Common Stock 8,000 Retained Earnings 2,000 Service Revenue 5,200 Office Expense 4,320 $24,539 $22,244