In the trial balance below, total debits do not equal total credits. In the box provided describe the error causing the totals to not balance. State the correct total debit and credits and correct balance to account(s) with incorrect balances. Credit Debit 27,500 40,000 2,000 1,850 6,500 104,000 Accounts Receivable Allowance for Doubtful Accounts Supplies on Hand Prepaid Insurance Equipment Accum. Depreciation Equipment Accounts Payable Long-term Notes Payable S. Jones, Capital Consulting Revenues Wage Expense Interest Expense Rent Expense Repairs Expense Utilities Expense Totals 82,500 13,000 40,000 47,300 122.000 38,400 6,900 15,400 5.500 6.750 252.800 305, 8.00 In the trial balance below, total debits do not equal total credits. In the box provided describe the error causing the totals to not balance. State the correct total debit and credits and correct balance to account(s) with incorrect balances. Credit Debit 27,500 40,000 2,000 1,850 6,500 104,000 Accounts Receivable Allowance for Doubtful Accounts Supplies on Hand Prepaid Insurance Equipment Accum. Depreciation Equipment Accounts Payable Long-term Notes Payable S. Jones, Capital Consulting Revenues Wage Expense Interest Expense Rent Expense Repairs Expense Utilities Expense Totals 82,500 13,000 40,000 47,300 122.000 38,400 6,900 15,400 5.500 6.750 252.800 305, 8.00