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The trial balance of wanda landowska company

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Reference no: EM131104257

(Corrected Trial Balance) The trial balance of Wanda Landowska Company shown below does not balance. Your review of the ledger reveals the following: 

(a) Each account had a normal balance.

(b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated $100. (c) A transposition error was made in Accounts Receivable; the correct balances for Accounts Receivable and Service Revenue are $2,750 and $6,690, respectively. 

(d) A debit posting to Advertising Expense of $300 was omitted. 

(e) A $1,500 cash drawing by the owner was debited to Wanda Landowska, Capital, and credited to Cash. 

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Reference no: EM131104257

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