Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an inexperienced bookkeeper prepared the following

An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct...

90.2K

Verified Solution

Question

Accounting

image
image
An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. BLOSSOM COMPANY Trial Balance December 31, 2017 Debit Credit Cash $21,800 Prepaid Insurance $ 4,500 Accounts Payable 3,500 Unearned Service Revenue 3,800 Common Stock 10,000 Retained Earnings 6,600 Dividends 7.000 26,600 Service Revenue Salaries and Wages Expense 12.600 Rent Expense 4,600 $38.200 $62,800 BLOSSOM COMPANY Trial Balance Debit Credit $ $ $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Prove: There are in?nitely many primes congruent to 3 modulo 8. Hint: Consider N = (p1p2···pr)2 +...

Biology
1.2K views

What is the correct order of steps at the Fill station Retrieve drug from shelf...

Physics
1.2K views

4 Let the sun to be at the origin of a coordinate system The earth...

Basic Math
1.2K views

A function f(x) and interval [a, b] are given. Check if the Mean Value Theorem...

Algebra
1.2K views

Hal has sold 91 39 93 and 79 copiers in the last four months respectively...

Accounting
1.2K views

Fred Slezak presented the following comparative balance sheet: ...

Accounting
1.2K views

Sunland Company is considering a long-term investment project called ZIP. ZIP...

Accounting
1.2K views

(1 point) A zero coupon bond is a bond that is sold now at a...

Accounting
1.2K views

Question 3 Most processes on a DFD can be identified by O always being followed...

Accounting
1.2K views

Are allowable deductible selling expenses incurred by the seller limited to the itemized deductions limit...

Accounting
1.2K views

Read and analyse the case study: "Dollar Shave Club" 1. Short introduction to the...

Finance
1.2K views

Jayco Company uses a standard costing system. Jayco applies overhead on the basis of standard...