Question: pls solve these two Questions.. Q1: Q2: Current Attempt in Progress Presented below is information related to Wildhorse AG for 2022. Wildhorse decided to discontinue





Current Attempt in Progress Presented below is information related to Wildhorse AG for 2022. Wildhorse decided to discontinue its entire wholesale operations and to retain its manufacturing operations, On September 15. Wildhorse sold the wholesale operations to Rogers Company. During 2022, there were 500,000 ordinary shares outstanding all vear. Prepare an income statement. (Round earnings per share to 2 decimal places, eg. 1.49.) The following trial balance of Ivanhoe Corporation does not balance. An examination of the ledger shows these errors. 1. Cash received from a customer on account was recorded (both debit and credit) as $1,680 instead of $1,950. 2. The purchase on account of a computer costing $3,203 was recorded as a debit to Office Expense and a credit to Accounts Payable. 3. Services were performed on account for a client, $2,350, for which Accounts Recelvable was debited $2,350 and Service Revenue was credited $325. 4. A payment of $195 for telephone charges was entered as a debit to Office Expense and a debit to Cash. 5. The Service Revenue account was totaled at $5,300 instead of $5,380. From this information prepare a corrected trial balance
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