Question

I need help making a correct trial balance.

Problem 2-04A The following trial balance of Whispering Winds Co, does not balance Whispering Winds Co. Trial Balance June 30, 2020 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue $1,870 $2,830 1,100 2,500 3,488 1,100 7,600 2,268 2,490 Salanes and Wages Expense 111,032 Utilities Expense 900 $13,730$15,448 Each of the listed accounts has a normal balance per the g of its account was debited for $740, and Accounts Receivable was credted for the same amount. The actual colection was for 5470. 1. Cash 2. The purchase of a computer on account for $600 was recorded as a d ebit to Suppes for $600 and a credt to Accounts Payable for $600 3 Services were performed on account for a cient for $900. Accounts Recelvable was debited for $900, and Service Revenue was credited for s90 4. A debit posting to Salaries and Wages Expense of $700 was omitted S. A payment of a balance due for $108 was credited to Cash for $108 and credited to Accounts Payable for $180, 6. The withdrawal of $532 cash for Sandhu's personal use was debited to Salaries and Wages Expense for $532 and credited to Cash for $532. Prepare a correct trial balance. (Hint: It helps to prepare the correct journal entry for the transaction described and enmnare it to tha misn

Answer 1

Whispering Winds Co.

Trial Balance

June 30, 2020

	Debit	credit
Cash (1870-270)	1600
Accounts receivable (2830+2702	3100
Supplies (1100-600)	500
Equipment (2500+600)	3100
Accounts Payable (3488-180-108)		3200
Unearned service revenue		1100
Owner's capital		7600
Owner's drawing (2268+532)	2800
Service Revenue (2490+810)		3300
Salaries and wages expense (3032+700-532)	3200
Utilities expense	900
	15200	15200