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Problem 4-6A (Part Level Submission) Dao Vang, CPA, was retained by Martinez to prepare financial statements for April 2019. Vang accumulated all the ledger balances per Martinez's records and found the following. Martinez Trial Balance April 30, 2019 Credit Debit $4,100 3,100 700 10,300 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Advertising Expense Miscellaneous Expense Depreciation Expense $1,300 2,200 800 1,000 8,860 3,600 5,000 3,200 500 330 530 $22,760 $22,760 Dao Vang reviewed the records and found the following errors. Accumulated Depreciation Equip. Accounts Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Advertising Expense Miscellaneous Expense Depreciation Expense $1,300 2,200 800 1,000 8,860 3,600 5,000 3,200 500 330 530 $22,760 $22,760 Dao Vang reviewed the records and found the following errors. 1. 2. 3. Cash received from a customer on account was recorded as $710 instead of $170. A payment of $76 for advertising expense was entered as a debit to Miscellaneous Expense $76 and a credit to Cash $76. The first salary payment this month was for $1,800, which included $800 of salaries payable on March 31. The payment was recorded as a debit to Salaries and Wages Expense $1,800 and a credit to Cash $1,800. (No reversing entries were made on April 1.) The purchase on account of a printer costing $340 was recorded as a debit to Supplies and a credit to Accounts Payable for $340. A cash payment of repair expense on equipment for $72 was recorded as a debit to Equipment $27 and a credit to Cash $27. 4. 5. Prepare an analysis of each error showing the incorrect entry, the correct entry, and the correcting entry. Items 4 and 5 occurred on April 30, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) INCORRECT ENTRY No. Account Titles and Explanation Debit Credit 1. Cash 710 Accounts Receivable 2. Miscellaneous Expense Cash 3. Salaries and Wages Payable 1800 Cash 1800 4. Equipment 340 Accounts Payable 340 5. Cash Maintenance and Repairs Expense CORRECT ENTRY No. Account Titles and Explanation Debit Credit CORRECT ENTRY No. Account Titles and Explanation Debit Credit CORRECTING ENTRY No. Account Titles and Explanation Debit Credit CORRECTING ENTRY Debit Credit No. Account Titles and Explanation 1

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