Terry Zelinski, the owner of Royal Mountain Tours, prepared the following trial balance at March 31, 2017.

A review shows that Terry made the following errors in the accounting records:
1. A purchase of $400 of supplies on account was recorded as a credit to Cash. The debit entry was correct.
2. A $100 credit to Accounts Receivable was posted as $1,000.
3. A journal entry to record service revenue of $770 earned on account was not prepared or posted.
4. A journal entry to record the payment of $240 for an advertising expense was correctly prepared but the credit to Cash was posted as a debit. The debit to Advertising Expense was properly posted.
Instructions
Prepare the correct trial balance at March 31, 2017, using the format shown in the chapter.

Transcribed Image Text:

Cash Accounts receivable Supplies Equipment Accounts payable T. Zelinski, capital T. Zelinski, drawings Service revenue Advertising expense Salaries expense Total $12,800 4,090 840 7,350 2,500 24,000 3,650 6,750 3,700 400 $35,930 $30,150