Question: Question 2 [10 points] a) Identify which account(s) have been erroneously included in the trial balance below by putting an 'X' next to the line

Question 2 [10 points] a) Identify which
Question 2 [10 points] a) Identify which account(s) have been erroneously included in the trial balance below by putting an 'X' next to the line in error. Callaho Inc. Post-Closing Trial Balance July 31, 2014 Debit Credit Accounts receivable .................." 8,700 Accumulated depreciation, building.. 420 Accumulated depreciation, furniture. 250 Boats... 11,300 Building .. 5,850 Cash 5,180 Consulting revenue eamed..........:'"' 11,340 Dividends. 2,860 4,260 Property taxes expense 2,430 Rent eamed 5,960 Retained earnings 7,470 Salaries expense. 13,010 Salaries payable. 9,750 Share capital ......." 10,930 Unearned consulting revenue.............."." 3,070 Unearned rent.... 4.400 Totals 53,590 53,590 b) What entry is required to fix the error? Enter the date in the format dd/mmm (le. 15/Jan). General Journal Page GJ8 Date Account/Explanation F |Debit Credit To correct closing entry error c) Calculate the correct post-closing retained earnings balance on July 31, 2014. Retained earnings balance

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