1. $200 debit to D. Hole, Withdrawals, was posted as a credit. 2. D. Hole, Withdrawals, was listed on the trial balance as a credit. 3. A Note Payable account with a credit balance of $2,400 was not listed on the trial balance. 4. The pencilled footings for Accounts Payable were debits of $5,320 and credits of $8,800. 5. A debit of $180 to Prepaid Rent was not posted. 6. The entry for office supplies bought for $60 was posted as a credit to Office Supplies. 7. A debit of $120 to Accounts Receivable was not posted. 8. A cash payment of $420 was credited to Cash for $240. 9. The pencilled footing of the credits to Cash was overstated by $400. 10. Utilities Expense of $260 was listed in the trial balance as $26.
1. $200 debit to D. Hole, Withdrawals, was posted as a credit. 2. D. Hole, Withdrawals, was listed on the trial balance as a credit. 3. A Note Payable account with a credit balance of $2,400 was not listed on the trial balance. 4. The pencilled footings for Accounts Payable were debits of $5,320 and credits of $8,800. 5. A debit of $180 to Prepaid Rent was not posted. 6. The entry for office supplies bought for $60 was posted as a credit to Office Supplies. 7. A debit of $120 to Accounts Receivable was not posted. 8. A cash payment of $420 was credited to Cash for $240. 9. The pencilled footing of the credits to Cash was overstated by $400. 10. Utilities Expense of $260 was listed in the trial balance as $26.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Need to correct
![1. $200 debit to D. Hole, Withdrawals, was posted as a credit.
2. D. Hole, Withdrawals, was listed on the trial balance as a credit.
3. A Note Payable account with a credit balance of $2,400 was not listed on the
trial balance.
4. The pencilled footings for Accounts Payable were debits of $5,320 and credits of
$8,800.
5. A debit of $180 to Prepaid Rent was not posted.
6. The entry for office supplies bought for $60 was posted as a credit to Office
Supplies.
7. A debit of $120 to Accounts Receivable was not posted.
8. A cash payment of $420 was credited to Cash for $240.
9. The pencilled footing of the credits to Cash was overstated by $400.
10. Utilities Expense of $260 was listed in the trial balance as $26.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F85dab37b-895c-45fb-9f5c-108666ca7150%2Fefdd7fa7-99f4-4d47-ad5c-f542f85d7c2d%2F704at9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. $200 debit to D. Hole, Withdrawals, was posted as a credit.
2. D. Hole, Withdrawals, was listed on the trial balance as a credit.
3. A Note Payable account with a credit balance of $2,400 was not listed on the
trial balance.
4. The pencilled footings for Accounts Payable were debits of $5,320 and credits of
$8,800.
5. A debit of $180 to Prepaid Rent was not posted.
6. The entry for office supplies bought for $60 was posted as a credit to Office
Supplies.
7. A debit of $120 to Accounts Receivable was not posted.
8. A cash payment of $420 was credited to Cash for $240.
9. The pencilled footing of the credits to Cash was overstated by $400.
10. Utilities Expense of $260 was listed in the trial balance as $26.
![Office Sales
Cash
Accounts Receivable
Office Equipment
Accounts Payable
D. Hole, Capital
D. Hole, Withdrawals
Wages Expense
Rent Expense
Utilities Expense
Office Supplies
Prepaid Rent
HAMPTON CO.
TRIAL BALANCE
JUNE 30, 2022
Lambasa
Dr.
326000
566000
840000
260000
94000
2600
12000
18000
Cr.
572000
416000
1156000
70000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F85dab37b-895c-45fb-9f5c-108666ca7150%2Fefdd7fa7-99f4-4d47-ad5c-f542f85d7c2d%2F0iq0xgr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Office Sales
Cash
Accounts Receivable
Office Equipment
Accounts Payable
D. Hole, Capital
D. Hole, Withdrawals
Wages Expense
Rent Expense
Utilities Expense
Office Supplies
Prepaid Rent
HAMPTON CO.
TRIAL BALANCE
JUNE 30, 2022
Lambasa
Dr.
326000
566000
840000
260000
94000
2600
12000
18000
Cr.
572000
416000
1156000
70000
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