The trial balance for Winslow's Auto Body has been prepared with errors. Use the trial balance to answer the questions that follow. Winslow's Auto Body Trial Balance For Month Ending April 30 Cash 19,475 Accounts Receivable ? Supplies 1,000 Equipment 15,000 Prepaid Insurance 500 Accounts Payable 2,500 Common Stock 17,000 Dividends 1,000 Fees Earned 49,600 Salary Expense 14,500 Rent Expense 9,000 Utilities Expense 1,400 Supplies Expense 3,900 Miscellaneous Expense 250 55,000 81,575 What would be the new totals of the trial balance after errors are corrected?
The trial balance for Winslow's Auto Body has been prepared with errors. Use the trial balance to answer the questions that follow. Winslow's Auto Body Trial Balance For Month Ending April 30 Cash 19,475 Accounts Receivable ? Supplies 1,000 Equipment 15,000 Prepaid Insurance 500 Accounts Payable 2,500 Common Stock 17,000 Dividends 1,000 Fees Earned 49,600 Salary Expense 14,500 Rent Expense 9,000 Utilities Expense 1,400 Supplies Expense 3,900 Miscellaneous Expense 250 55,000 81,575 What would be the new totals of the trial balance after errors are corrected?
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter11: Work Sheet And Adjusting Entries
Section: Chapter Questions
Problem 1PB: The trial balance of Jillson Company as of December 31, the end of its current fiscal year, is as...
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The
Winslow's Auto Body
Trial Balance For Month Ending April 30 |
||||
Cash | 19,475 | |||
? | ||||
Supplies | 1,000 | |||
Equipment | 15,000 | |||
Prepaid Insurance | 500 | |||
Accounts Payable | 2,500 | |||
Common Stock | 17,000 | |||
Dividends | 1,000 | |||
Fees Earned | 49,600 | |||
Salary Expense | 14,500 | |||
Rent Expense | 9,000 | |||
Utilities Expense | 1,400 | |||
Supplies Expense | 3,900 | |||
Miscellaneous Expense | 250 | |||
55,000 | 81,575 |
What would be the new totals of the trial balance after errors are corrected?
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