Question

expense and D. (LO4) AP Madison Melnyk has just prepared a trial balance for a company and found that the total debits 150 higher than the total credits. Assuming that the account balances in the ledger are correct, give Madison th amples of things that she might have done incorrectly when preparing the trial balance. Tef Exercises 2.1 (LO 1) AP For the three accounts that follow, fill in the missing amounts (a) through (f): dlculate missing amounts and account balances. Accounts Receivable Supplies 7,500 6,400 16,700 (c) 15,400 6,800 Bal. (a) Bal. 3,800 13,100 7.700 (b) 5.900 Bal. 4,700 (d) (LO 1) K Identify the normal balance for the following accounts: Notes Payable 100,000 24,000 45,000 Bal. (1) 27,000 Bal. 149.000 Bal. ate the normal balance. We've updated our read aloud fe Give it a try here. aid Insurance

calculate the missing amounts and account balances

Answer 1

Answer-

Accounts Receivable
	7,500
	16,700
			15,400
Balance (a)	8,800
	13,100
		(b)	17,200
Balance	4,700
Supplies
	6,400
( c )	4,200
			6,800
Balance	3,800
	7,700
			5,900
Balance (d)	5,600
Notes Payable
			100,000
	24,000
			45,000
		Balance ( e )	121,000
		(f)	55,000
	27,000
		Balance	149,000

A = 7,500 + 16,700 - 15,400= $8,800

B = 8,800 + 13,100 - 4,700= $17,200

C = 6,800- 6,400 + 3,800= $4,200

D = 3,800 + 7,700 - 5,900=$ 5,600

E = 100,000 + 45,000 - 24,000= $121,000

F = 149,000 + 27,000 - 121,000=$ 55,000

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