Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

تمرين 54

Correcting errors in a trial balance
The trial balance of Building Blocks Child Care, Inc., does not balance.

The following errors are detected:
a. Cash is understated by $4,000.
b. A $2,000 debit to Accounts receivable was posted as a credit.
c. A $1,200 purchase of supplies on account was neither journalized nor posted.
d. Equipment's cost is $87,700, not $88,000.
e. Salary expense is overstated by $100.
Requirement
1. Prepare the corrected trial balance at May 31, 2012. Journal entries are not required.