Question: Can i get the answer put to the format as the blank page Normal No Spacing Heading 1 Headin Question 5 (20 marks) Ron Able
Normal No Spacing Heading 1 Headin Question 5 (20 marks) Ron Able formed Able Construction, a proprietorship. Ron Able attempted to produce a trial balance, and his trial balance did not balance: CREDIT Able Construction Trial Balance November 30, 2018 ACCOUNT DEBIT Cash $ 2,100 Accounts Receivable 10,500 Supplies 1,400 Office Furniture 4,100 47,100 Accounts Payable Notes Payable Ron Able, Capital Ron Able, Withdrawals 2,500 Consulting Service Revenue Advertising Expense 900 Rent Expense 1,500 Salary Expense 2,600 Utilities Expense 910 Total $ 73.610S $ 4,300 23,500 32,100 7,800 67.700 Able Construction's accountant, Sue Smart, uncovered the following errors: 1. The cash balance is over stated by $ 150. 2. The cost of the land was $ 43,100, not $ 47,100. 3. AS 500 purchase of supplies on account was neither journalized nor posted. 4. A $ 2,000 credit to Consulting Service Revenue was not posted. 5. Rent Expense of S 300 was posted as a credit rather than a debit. 6. The balance of Salary Expense is $ 2,400, but it was listed as $ 2,600 on the trial balance. A2-11 ACCT 1211: Accounting / Question 5 (20 marks) Explanations
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