An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct...
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Accounting
An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. SHERIDAN COMPANY Trial Balance December 31, 2017 Debit Credit $22,380 Cash Prepaid Insurance $4,610 Accounts Payable 4,080 Unearned Service Revenue 4,170 Common Stock 10,000 Retained Earnings 6,600 7,050 Dividends 26,710 Service Revenue 12,550 Salaries and Wages Expense 4,970 Rent Expense $39,100 $64,020 SHERIDAN COMPANY Trial Balance December 31,2017 Credit Debit Cash Prepaid Insurance Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense $
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