Problem #17

Correcting a Trial Balance

GIVEN TRIAL BALANCE

Davao Duplicators
Trial Balance
June 30, 2022

Cash 44,800
Accounts Recievable 189,600
Supplies 70,800
Equipment 560,000
Accounts Payable 72,600
Brillantes, Capital 513,000
Brillantes, Withdrawals 50,000
Revenues 371,600
Salaries Expense 35,000
Rent Expense 10,000
Utilities Expense 6,400
916,600 1,017,200
CORRECTED TRIAL BALANCE

Davao Duplicators
Trial Balance
June 30, 2022

Cash 34,800 a 906,600

Accounts Recievable 142,800 b 62,700
Supplies 70,800 c 4,600
Equipment 560,000 d 34,800
Accounts Payable 15,800 e 5,200
Brillantes, Capital 513,000 f 16,700
Brillantes, Withdrawals 50,000 g 379,200
Revenues 379,200 h 15,800
Salaries Expense 35,000
Rent Expense 10,000
Utilities Expense 4,600
Totals 908,000 908,000