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1. An inexperience bookkeeper prepared the following trial balance. Prepared a correct trial balance, assuming...

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Accounting

1. An inexperience bookkeeper prepared the following trial balance. Prepared a correct trial balance, assuming all account balances are normal.

Erica Company

Trial balance

December 31, 2019.

debit credit

Cash $ 16, 800

Prepaid Insurance $3500

Account Payable 3000

Unearned Service Revenue 4200

Common Stock 13,000

Dividends 4,500

Service Revenue 25,600

Salaries and Wages Expense 18, 600

Rent Expense 2, 400

___________ ________

$39, 600 $ 52, 000

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