Question: fill in the blanks with the information provided. Kaitlin Cavallo & I 01/29/20 1:54 PM enu Save Spring 2020 Section 902 (1) Homework: Chapter 2

fill in the blanks with the information provided.
fill in the blanks with the information provided. Kaitlin Cavallo & I
01/29/20 1:54 PM enu Save Spring 2020 Section 902 (1) Homework: Chapter
2 part B homework work Score: 0 of 1 pt | 8
of 9 (2 complete) wia/Te: E2-27 (similar to) HW Score: 22.22%, 2

Kaitlin Cavallo & I 01/29/20 1:54 PM enu Save Spring 2020 Section 902 (1) Homework: Chapter 2 part B homework work Score: 0 of 1 pt | 8 of 9 (2 complete) wia/Te: E2-27 (similar to) HW Score: 22.22%, 2 of 9 pts E Question Help The following trial balance of Jane Maccoll Tutoring Service as of May 31, 2018, does not balance BE! (Click the icon to view the trial balance) Investigation of the accounting records reveals that the bookkeeper: (Click the icon to view the investigation results.) Prepare the corrected trial balance as of May 31, 2018, complete with a heading: journal entries are not required Choose from any drop-down list and then click Check Answer part remaining Check Answer VI 0 Data Table Vea Ses Mal Jane Maccoll Tutoring Service Trial Balance May 31, 2018 Balance Account Title Debit Credit Cash 3,000 Accounts Receivable 2,100 Office Supplies 600 Computer Equipment 16,100 Accounts Payable 11,200 1 NO NO O 0 $ 2 Print Done i Data Table Vea nre 16,100 May Computer Equipment Accounts Payable Utilities Payable Common Stock Dividends 11,200 100 11,600 9,800 Service Revenue 9,600 Salaries Expense 1,800 Rent Expense 700 Utilities Expense 500 A Total 34,600 $ 32,500 Print Done i More Info a. Recorded a $600 cash revenue transaction by debiting Accounts Receivable. The credit entry was correct. b. Posted a $2,000 credit to Accounts Payable as $200. c. Did not record Utilities Expense or the related Utilities Payable in the amount of $500. d. Understated Common Stock by $300. Print [Done] Print Done wn

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!