Question

SUNLAND COMPANY Trial Balance June 30, 2017 Debit Credit Cash $ 6,090 Accounts Receivable $6,190 Supplies 2,750 6,000 Equipment Accounts Payable 6,686 Unearned Service Revenue 3.150 Common Stock 12,000 Dividends 800 Service Revenue 6,480 Salaries and Wages Expense 3,450 Utilities Expense 985 $23,325 $31.256 Each of the listed accounts has 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 $760, and Accounts Receivable was credited for the same amount. The actual collection was for $706. 2. The purchase of a printer on account for $340 was recorded as a debit to Supplies for $340 and a credit to Accounts Payable for $340. 3. Services were performed on account for a client for $900. Accounts Receivable was debited for $90 and Service Revenue was credited for $900. 4. A debit posting to Salaries and Wages Expense of $775 was omitted. 5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 6. Payment of a $600 cash dividend to Sunland Company's stockholders was debited to Salaries and Wages Expense for $600 and credited to Cash for $600.

Answer 1

Trial Balance
June 30,2017
	Debit	Credit
Cash	6036		=6090-(760-706)
Accounts Receivable	7054		=6190+(760-706)+(900-90)
Supplies	2410		=2750-340
Equipment	6340		=6000+340
Accounts payable		6220	=6686-260-206
Unearned Service Revenue		3150
Common Stock		12000
Dividends	1400		=800+600
Service Revenue		6480
Salaries and Wages expense	3625		=3450+775-600
Utilities expense	985
	27850	27850