Current Attempt in Progress

There are two errors in the following trial balance: $(1)$ one account has been placed in the wrong column, and $(2)$ there is a transposition error in the balance of the L$.$ Williams, Capital account.

$\backslash$table$[[\backslash$table$[[$WILLIAMS COMPANY$],[$Trial Balance$],[$December $31,2024]]],[,$Debit,Credit$],[$Cash$,$$$14,920,],[$Accounts receivable,$2,245,],[$Prepaid insurance,,$$3,650],[$Accounts payable,,$2,490],[$Unearned revenue,,$1,885],[$L$.$ Williams, capital,,$15,400],[$L$.$ Williams, drawings,$5,335,],[$Service revenue,,$28,350],[$Rent expense,$2,695,],[$Salaries expense,$18,380,],[$Total$,$$$43,575,$$$51,775]]$

Prepare the correct trial balance.

WILLIAMS COMPANY

Trial Balance

Debit

Credit