The following trial balance of Whi Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense Whispering Traveler Corporation Trial Balance April 30, 2025 Debit $6,183 5,330 3,057 6,190 1. 2. 4,410 $25,170 Credit $7,134 8,090 2,090 5,300 An examination of the ledger shows these errors. Cash received from a customer on account was recorded (both debit and credit) as $1,180 instead of $1,810. The purchase on account of a computer costing $3,455 was recorded as a debit to Office Expense and a credit to Accounts Payable, Services were performed on account for a client, $2.340, for which Accounts Receivable was debited $2,340 and Service $22,614

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following trial balance of Whispering
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Common Stock
Retained Earnings
Service Revenue
Office Expense
1.
Whispering Traveler Corporation
Trial Balance
April 30, 2025
2.
3.
Debit
$6,183
5,330
3,057
6,190
4,410
$25,170
Credit
$7,134
8,090
2,090
An examination of the ledger shows these errors.
Cash received from a customer on account was recorded (both debit and credit) as $1,180 instead of $1,810.
The purchase on account of a computer costing $3,455 was recorded as a debit to Office Expense and a credit to Accounts
Payable.
Services were performed on account for a client, $2.340, for which Accounts Receivable was debited $2,340 and Service
5,300
$22,614
Transcribed Image Text:The following trial balance of Whispering Cash Accounts Receivable Supplies Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Office Expense 1. Whispering Traveler Corporation Trial Balance April 30, 2025 2. 3. Debit $6,183 5,330 3,057 6,190 4,410 $25,170 Credit $7,134 8,090 2,090 An examination of the ledger shows these errors. Cash received from a customer on account was recorded (both debit and credit) as $1,180 instead of $1,810. The purchase on account of a computer costing $3,455 was recorded as a debit to Office Expense and a credit to Accounts Payable. Services were performed on account for a client, $2.340, for which Accounts Receivable was debited $2,340 and Service 5,300 $22,614
3.
4.
5.
Services were performed on account for a client, $2,340, for which Accounts Receivable was debited $2,340 and Service
Revenue was credited $234.
A payment of $185 for telephone charges was entered as a debit to Office Expense and a debit to Cash.
The Service Revenue account was totaled at $5,300 instead of $5,380.
From this information prepare a corrected trial balance.
WHISPERING TRAVELER CORPORATION
Trial Balance
******
Debit
Credit
Transcribed Image Text:3. 4. 5. Services were performed on account for a client, $2,340, for which Accounts Receivable was debited $2,340 and Service Revenue was credited $234. A payment of $185 for telephone charges was entered as a debit to Office Expense and a debit to Cash. The Service Revenue account was totaled at $5,300 instead of $5,380. From this information prepare a corrected trial balance. WHISPERING TRAVELER CORPORATION Trial Balance ****** Debit Credit
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