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Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31

Enter the following transactions on Page 19 of the two-column journal: Apr. 27 Discovered an error in computing a commission;

Chart of Accounts CHART OF ACCOUNTS Elite Realty General Ledger REVENUE 41 Fees Earned ASSETS 11 Cash 12 Accounts Receivable

Journal 2. Joumalize the transactions for April in a two-column journal beginning on Page 18. Refer to the Chart of AccountsLedger 1. Record the April 1, 2043, balance of each account in the appropriate balance column of a four-column account, typeUnadjusted Trial Balance 4. Prepare an unadjusted trial balance of the ledger as of April 30, 2013. CREDIT Elite Realty UNADJFinal Questions 5. Assume that the April 30 transaction for salaries and commissions should have been $15,300. (a) Why did th

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Elite Realty Journal Entry Date Particulars 1.4.2093 Rent Expense a/c To Cash (Rent for offic paid) Dr. Debit in $ Credit in

Dr. Date Particulars 27.4.20Y3 Cash a/c To Salary and Commission expense (Error corrected) Debit in $ Credit in $ 2700 2700 D

Unadjusted Trial Balance For the month ending 30.4.20Y3 Particulars Cash Accounts Receivable Prepaid Insurance Office Supplie

This error is transposition error

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