Question: Errors in Trial Balance Identify the errors in the following trial balance. All accounts have normal balances. Credit Balances Mascot Co. Unadjusted Trial Balance For

Errors in Trial Balance Identify the errors in the following trial balance. All accounts have normal balances. Credit Balances Mascot Co. Unadjusted Trial Balance For the Month Ending July 31, 20Y3 Account Debit No. Balances Cash 11 36,000 Accounts Receivable 12 Prepaid Insurance 13 18,000 Equipment 14 375,000 Accounts Payable 21 53,300 Salaries Payable 22 Samuel Parson, Capital 31 Samuel Parson, Drawing 32 112,600 7,500 297,200 17,000 Fees Earned 41 682,000 51 396,800 Salary Expense Advertising Experise Miscellaneous Expense 52 73,000 59 11,600 1,189,300 1,189,300 Alter identifying the errors, prepare a corrected unadjusted trial balance. If an amount box does not require an entry, leave it blank Mascot Co. After identifying the errors, prepare a corrected unadjusted trial balance. If an amount box does not require an entry, leave it blank. Mascot Co. Unadjusted Trial Balance July 31, 2083 Debit Balances Balances Credit Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Salaries Payable Samuel Parson, Capital Samuel Parson, Drawing Fees Earned Salary Expense Advertising Expense Miscellaneous Expense
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