Reference no: EM132986575
Question - The cash balance is understated by $1,300. The following errors were detected:
The cost of the land was $44,600, not $46,600.
A $400 purchase of supplies on account was neither journalized nor posted.
A $3,000 credit to Consulting Service Revenue was not posted.
Rent Expense of $200 was posted as a credit rather than a debit.
The balance of Advertising Expense is $600, but it was listed as $400 on the trial balance.
A $300 debit to Accounts Receivable was posted as $30. The credit to Consulting Service Revenue was correct.
The balance of Utilities Expense is overstated by $80.
A $900 debit to the R. Minter, Withdrawals account was posted as a debit to R. Minter, Capital.
Required - Prepare the corrected unadjusted trial balance at June 30, 2020. Journal entries are not required.
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