Pr$.$ C$-91$ Trial balance correction

The Controller of SHD Corporation asks his assistant to correct the company's December $31,2023,$ trial balance.

The preliminary trial balance, which does not balance, is reproduced below:

SHD Corporation

Trial Balance

December $31,2023$

Debit Credit

Cash $ $10,000$

Accounts Receivable $15,000$

Prepaid Insurance $600$

Equipment $40,000$

Inventory $9,000$

Accounts Payable $ $11,590$

Common Shares $110,000$

Sales $17,100$

Salaries $64,000$

Supplies $2,150$

Depreciation Expense $2,550\_\_\_\_\_\_\_\_\_\_$

$$143,300$ $$138,690$

The assistant's review uncovered the following errors:

$1.$ The accounts payable for the purchase of inventories in the amount of $$6,560$ was recorded as $$5,650$ in error.

$2.$ Depreciation expense was understated by $$450.$

$3.$ Office supplies were overstated by $$150.$

$4.$ A collection from a customer in the amount of $$4,000$ was not posted to the receivable ledger.

Instructions

Prepare a corrected trial balance.