Question: In the trial balance below, total debits do not equal total credits. Find and correct the likely error(s) to bring the totals into balance. Debit

In the trial balance below, total debits do not equal total credits. Find and correct the likely error(s) to bring the totals into balance.

Debit Credit
Cash 158,000
Office Supplies 25,000
Equipment 180,000
Accum. DepreciationEquipment 44,000
Accounts Payable 47,700
Wages Payable 13,000
W. Shannon, Capital 20,970
W. Shannon, Withdrawals 25,000
Entertainment Revenue 338,000
Rent Expense 26,800
Gas and Oil Expense 3,000
Wage Expense 219,700
Advertising Expense 12,500
Legal Expense 11,400
Totals 636.400 488,670

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