The trial balance of Blues Traveler Corporation does not balance.

BLUES TRAVELER CORPORATION
TRIAL BALANCE
APRIL 30, 2014

Debit

Credit

Cash $6,180

Accounts Receivable 5,374

Supplies 3,101

Equipment 6,234

Accounts Payable $7,178

Common Stock 8,134

Retained Earnings 2,134

Service Revenue 5,334

Office Expense 4,454

total
$25,343

$22,780

An examination of the ledger shows these errors.

1. Cash received from a customer on account was recorded (both debit and credit) as $1,514 instead of $1,964.

2. The purchase on account of a computer costing $2,324 was recorded as a debit to Office Expense and a credit to Accounts Payable.

3. Services were performed on account for a client, $2,384, for which Accounts Receivable was debited $2,384 and Service Revenue was credited $359.

4. A payment of $229 for telephone charges was entered as a debit to Office Expense and a debit to Cash.

5. The Service Revenue account was totaled at $5,334 instead of $5,414.

From this information, prepare a corrected trial balance.

pur-new-sol

Related Questions

BLUES TRAVELER CORPORATION TRIAL BALANCE APRIL 30, 2014
	Debit		Credit
Cash		$6,180
Accounts Receivable		5,374
Supplies		3,101
Equipment		6,234
Accounts Payable				$7,178
Common Stock				8,134
Retained Earnings				2,134
Service Revenue				5,334
Office Expense		4,454
total		$25,343		$22,780

1.		Cash received from a customer on account was recorded (both debit and credit) as $1,514 instead of $1,964.
2.		The purchase on account of a computer costing $2,324 was recorded as a debit to Office Expense and a credit to Accounts Payable.
3.		Services were performed on account for a client, $2,384, for which Accounts Receivable was debited $2,384 and Service Revenue was credited $359.
4.		A payment of $229 for telephone charges was entered as a debit to Office Expense and a debit to Cash.
5.		The Service Revenue account was totaled at $5,334 instead of $5,414.