Chapter 2, Problem 2.12BE

Correct a trial balance (LO2–6)

Your study partner is having trouble getting total debits to equal total credits in the trial balance. Prepare a corrected trial balance by placing each account balance in the correct debit or credit column.

Trial Balance
Accounts	Debit	Credit
Cash	$ 7,300
Accounts Receivable		$ 2,100
Equipment	10,400
Accounts Payable	3,900
Deferred Revenue		1,100
Common Stock	11,000
Retained Earnings		3,900
Dividends	600
Service Revenue		4,500
Salaries Expense	3,200
Utilities Expense		800
Total	$36,400	$12,400