Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 408 Weeks Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 9.00

Speedy Sewing Services

Speedy Sewing Services, owned by T. Nguyen, hired a new bookkeeper who is not entirely familiar with the process of preparing a trial balance. All of the accounts have normal balances. Find the errors and prepare a corrected trial balance for December 31 of this year.

 

 

Speedy Sewing Services Trial Balance December 31, 20—

  

Account Name

Debit

Credit

Accounts Receivable

  

10,700

Cash

3,200

  

Accounts Payable

  

9,500

Equipment

    

T. Nguyen, Capital

  

22,800

T. Nguyen, Drawing

  

1,900

Prepaid Insurance

24,000

1,300

Income from Services

  

36,000

Wages Expense

17,500

  

Rent Expense

1,800

4,500

Supplies

3,400

  

Utilities Expense

49,900

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 08:10 PM My Price 9.00

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