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1. An inexperience bookkeeper prepared the following trial balance. Prepared a correct trial balance, assuming all...

1. An inexperience bookkeeper prepared the following trial balance. Prepared a correct trial balance, assuming all account balances are normal.

   Erica Company

Trial balance

   December 31, 2019.

   debit    credit

Cash $ 16, 800

Prepaid Insurance    $3500

Account Payable    3000

Unearned Service Revenue 4200

Common Stock    13,000

Dividends 4,500

Service Revenue 25,600

Salaries and Wages Expense 18, 600

Rent Expense    2, 400

   ___________    ________

$39, 600 $ 52, 000

  

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