Correcting a trial balance Review Francis Nangle Travel Design's trial balance. Assume that Nangle accidentally listed dividends as $300 instead of the correct amount of 53,000. 11eb8258_94c0_ad38_bb02_95d2b2bc4944_SM1625_00 Requirement 1. Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error, which is called a slide.

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

Edition 3ISBN: 978-0132962339

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

Edition 3ISBN: 978-0132962339

Exercise 17

Correcting a trial balance
Review Francis Nangle Travel Design's trial balance. Assume that Nangle accidentally listed dividends as $300 instead of the correct amount of 53,000.

Requirement
1. Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error, which is called a slide.

Explanation

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