Question

Data Tabte 1 The follow e does not balance. e delected e errors.) Building Blocks Child Care Prepars the corrected trial balance at Augus Trial Balance Irial Balance August 31, 2018 -X August 31, 2018 i More Info Balance Balance Credit Account Title Debit Account Title Credit Debit Cash 8,750 Cash 10400 Cash is understated by $1,200 Accounts Receivable 6 200 nosted as a credit ccounts Recaivable 13700 A S1 500 purehase of office supplies on account was neither journalized nor 1.100 2600 Office Supplies Office Supplies posted Prepaid Insurance 1,500 2300 Prepaid Insurance d Equipment was incorrectly transferred from the ledger as S83.500, It should have Equipment 83,500 76000 Equipment Salaries Expense is overstated by $300 e. Accounts Payable 3,000 4500 Accounts Payable A 5900 cash payment for advertising expense was neither journalized nor posted. Nates Payable 46,000 46000 Notes Payable A $150 cash dividend was incorrectly journalized as $1,500 g Common Stock 52,300 52300 h Service Revenue was understated by $4,000. Common Stock Dividends Dividends 3,650 2300 Cash was posted corree was posted as a $800 credit to Prepaid Insurance Service Revenue 8,900 Ardtvertising Expense 00 Salaries Expense 4.50D Service Revenue 12900 Print Done 800 Salaries Expense 4200 Rent Expense 110,000 S 110,200 Rent Expense Total Total Print Done Choose trom any list or enter any number n the input fields and then click Check Answer

Need help with the the lest side is not eual to right side right now. not sure waht i am doing wrong. need help.

Answer 1

1.

Buitding Blocks Child Care Tuial Balance August 31, 2018 Balan ce credit Debit $l0,400 $IS,400 $ 2,600 $ 3,100 $ 76,000 ACLount Title Carh Accounts Reevable Kfiee supplies lrepaid Enauxance kqup ment Accounts Payable fayabie 4,500 $46,000 ESa,300 Notes Common as tock 3, 300 siridends Advertising Expense deruice dalaries Expense hent ExpenAe $ 12,900 hevenue $4,200 11S,700 Total

Enplanation cas 9ncrease caun cb gncrease Accounts Receivable hy $9,200 ($4,600 X) co 9neaease ofice suppties cds Secrease eguipment by ,so0 (e pecrease dalasies Expensc by 300 3 Advertiaing Expense and accounts payable by $500eah ($03500-$76, 000) olebit balanec o 900 Khould thave a Seciease ay $900 Carh by $1,350and Cayh shouldd increane 9 Siridends Moulo cleercase by $1,350 (#1,500 -#150) h seauice Revenue Mhoud inerease by 4000 by 1,600 (480o X a cl Phepeuc 9nsusance hould inchease