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  3. i 326,149 3,049,333 instructions: i. ii. iii. iv.

I 326,149 3,049,333 Instructions: i. ii. iii. iv. All accounts have normal balances, but two...

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Accounting

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I 326,149 3,049,333 Instructions: i. ii. iii. iv. All accounts have normal balances, but two amounts are in wrong columns. Services provided on account for RO. 1,500 was debited to Accounts Payable and credited to Revenues. Supplies Expense of RO. 104,300 was completely omitted from the trial balance. The amount recorded for Revenues was transposed. It should have been RO. 789,998. A RO. 5,000 shareholder investment was debited to Cash and credited to Dividends. An interest payment of RO. 1,000 was debited to Loan Payable for RO. 100 and credited to Cash for RO. 1,000. v vi. (10 Marks) Question 5 STATES thin I 326,149 3,049,333 Instructions: i. ii. iii. iv. All accounts have normal balances, but two amounts are in wrong columns. Services provided on account for RO. 1,500 was debited to Accounts Payable and credited to Revenues. Supplies Expense of RO. 104,300 was completely omitted from the trial balance. The amount recorded for Revenues was transposed. It should have been RO. 789,998. A RO. 5,000 shareholder investment was debited to Cash and credited to Dividends. An interest payment of RO. 1,000 was debited to Loan Payable for RO. 100 and credited to Cash for RO. 1,000. v vi. (10 Marks) Question 5 STATES thin

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