Presented below is a trial balance of Elenita Dedumo which was prepared by an unexperienced bookkeeper:...

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Presented below is a trial balance of Elenita Dedumo which was prepared by an unexperienced bookkeeper: Account Titles Cash in Bank Tagum Autocare Trial Balance November 30, 2019 Accounts Receivable Supplies Inventory Tools Shop Equipment Accounts Payable Notes Payable E. Dedumo, Capital E. Dedumo, With dr awal s Repairs Income Utilities Expense Salaries and Wages Taxes and Licenses Total Debit 25,000 30,000 5,000 40,000 1,000 101,000 Credit. 20,000 10,000 5,000 8,000 48,000 2,000 3,000 5,000 101,000 It was learned that there were no errors in both posting and footing processes. It was further gleaned from the General Ledger that all of the above account balances were all in its normal balances. The inexperienced bookkeeper, however, believed his works are correct because the trial balance appeared to be "in-balance". Required: Prepare a correct trial balance. Presented below is a trial balance of Elenita Dedumo which was prepared by an unexperienced bookkeeper: Account Titles Cash in Bank Tagum Autocare Trial Balance November 30, 2019 Accounts Receivable Supplies Inventory Tools Shop Equipment Accounts Payable Notes Payable E. Dedumo, Capital E. Dedumo, With dr awal s Repairs Income Utilities Expense Salaries and Wages Taxes and Licenses Total Debit 25,000 30,000 5,000 40,000 1,000 101,000 Credit. 20,000 10,000 5,000 8,000 48,000 2,000 3,000 5,000 101,000 It was learned that there were no errors in both posting and footing processes. It was further gleaned from the General Ledger that all of the above account balances were all in its normal balances. The inexperienced bookkeeper, however, believed his works are correct because the trial balance appeared to be "in-balance". Required: Prepare a correct trial balance.

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