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. BLOSSOM COMPANY Trial Balance December 31, 2017 Debit Credit Cash $21,800 Prepaid Insurance $ 4,500 Accounts Payable 3,500 Unearned Service Revenue 3,800 Common Stock 10,000 Retained Earnings 6,600 Dividends 7.000 26,600 Service Revenue Salaries and Wages Expense 12.600 Rent Expense 4,600 $38.200 $62,800 BLOSSOM COMPANY Trial Balance Debit Credit $ $ $
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