Problem

L. OBI. 5) Correcting a trial balance [10 min] Georgia Lapp Travel Design prepared its...

L. OBI. 5) Correcting a trial balance [10 min]

Georgia Lapp Travel Design prepared its trial balance. Suppose Lapp made an error: She erroneously listed capital of $30,100 as a debit rather than a credit.

Requirement

1. Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error.

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Solutions For Problems in Chapter 2

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