Question: Question 2.4 Total: 20 marks: -2 marks per crror) The following is a trial balance from Mismanaged Lad on March $1.2020 is as follows: Do
Question 2.4 Total: 20 marks: -2 marks per crror) The following is a trial balance from Mismanaged Lad on March $1.2020 is as follows: Do Credit Cash $ 270 Accounts receivable 3.231 Office supplies NO Equipment . Accounts payable 2.666 Umeamed revenue 1.200 Common shares 000 Retained camnings 2.795 Service revenue 1380 Salaries and wages expense 3.400 Office expense 10 TOTAL $15.041 $15.041 The following transactions took place in April 2020 Payments received from customers on account amounted to A computer printer was purchased account for $500. Services provided to clients and billed on account amounted 0 $3.890 $400 of supplies was purchased on account in April, and a physical count on April 31 showed that there was 5475 of supplies on hand on April 31. When the neared Revenue account was reviewed, it was found that $825 of the balance was earned in April Salaries and Wages Expense of S670 related to employee services provided in April was not yet recorded as at April 31 will be paid in May) Payments to suppliers on account amounted to $2,125. Received invoices totaling S1,160 related to office expenses incurred in April Declared a dividend of 5575 on April 31. Required: Prepare the trial balance as at April 30, 2020, assuming that Mismanaged did not record closing entries at the end of March 2020. (Hint: It may be necessary to add one or more accounts to the trial balance.)
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