Question

The following trial balance of Bramble Co. does not balance. BRAMBLE CO. TRIAL BALANCE JUNE 30, 2020 Debit Credit Cash $3,179 Accounts Receivable $2.952 Supplies 1,109 Equipment 4,109 Accounts Payable 2,975 Unearned Service Revenue 1.509 Common Stock 6,309 3,309 Retained Earnings Service Revenue 2,689 Salaries and Wages Expense 3,709 1,249 Office Expense Totals $14,637 $18.461 Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750. 2. The purchase of a computer printer on account for $809 was recorded as a debit to Supplies for $809 and a credit to Accounts Payable for $809. 3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89. 4. A payment of $80 for telephone charges was recorded as a debit to Office Expense for $80 and a debit to Cash for $80. 5. When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $634 was performed prior to June 30 (related to Unearned Service Revenue). 6. A debit posting to Salaries and Wages Expense of $979 was omitted. 7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 8. A dividend of $884 was debited to Salaries and Wages Expense for $884 and credited to Cash for $884.

Answer 1

Given Adjustments Correct trail balance Particulars Debit Credit Debit Credit Debit Credit 1 Cash $ 3,179 $ 180 $ 160 $ 3,199 2 Accounts Receivable $ 2,952 $ 180 $ 2,772 3 Supplies $ 1,109 $ 809 $ 300 4 Equipment $ 4,109 $ 809 $ 4,918 5 Accounts payables $ 2,975 $ 466 $ 2,509 6 Unearned Service Revenue $ 1,509 $ 634 $ 875 7 Common Stock $ 6,309 6,309 8 Retained earnings $ 3,309 $ 3,309 | 9 Dividend $ 884 $ 884 10 Service Revenue $ 2,689 $ $1435 1,435 $ 4,124 11 Salaries & Wages Expense $ 3,709 $ 979 $ 884 $ 3,804 12 Telephone Charges $ 80 $ 80 13 Office Expenses $ 1,249 $ 80 $ 1,169 $16,307 $16,791 $4,032 S 3,548 $ 17,126 S 17,126 1 Cash account debit is under recorded of 180 and accounts receivables credit is under recorded of 180 Egipment account under recorded of 809 because of not debit to equipment account and supplies is over recorded of 2809 because of debiting supplies account Service revenue is under recorded of 801 Wrong debit to office expenses instead of telphone expenses and wrong debit to cash account to correct this cash 4 account credited with 160 (80*2) (to remove wrong debit and give correct credit) 5 Unearned service revenue which is earned adjusted 6 Ommited debit given 7 Accont payables debited with 466 (206+260) (to remove 260 wrong debit and give correct debit of 206) 8 Divdend debited with 884 and removed wrong credited to salaries and wages