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SWIFTY CO. TRIAL BALANCE JUNE 30, 2020 Debit Credit Cash $3003 Accounts Receivable $3108 Supplies 933 3933 Equipment Accounts Payable 2799 Unearned Service Revenue 1333 Common Stock 6133 Retained Earnings 3133 Service Revenue 2513 Salaries and Wages Expense 3533 Office Expense 1073 Totals $13913 $17581 Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors 1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750 2. The purchase of a computer printer on account for $633 was recorded as a debit to Supplies for $633 and a credit to Accounts Payable for $633 3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revente was credited for 589 4. Apayment of 570 for telephone charges was recorded as a debit to Office Expense for $70 and a debit to Cash for $70. 5. When the earned Service Revenue account was reviewed, it was found that service revenue amounting to $458 was performed prior to June 30 related to Unearned Service Revenue 6. A debit posting to Salaries and Wages Expense of $803 was omitted 7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 8. A dividend of 5708 was debited to Salaries and Wages Expense for 5708 and credited to Cash for $708 SWIFTY CO. TRIAL BALANCE JUNE 30, 2020 Debit Credit Cash $3003 Accounts Receivable $3108 Supplies 933 3933 Equipment Accounts Payable 2799 Unearned Service Revenue 1333 Common Stock 6133 Retained Earnings 3133 Service Revenue 2513 Salaries and Wages Expense 3533 Office Expense 1073 Totals $13913 $17581 Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors 1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750 2. The purchase of a computer printer on account for $633 was recorded as a debit to Supplies for $633 and a credit to Accounts Payable for $633 3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revente was credited for 589 4. Apayment of 570 for telephone charges was recorded as a debit to Office Expense for $70 and a debit to Cash for $70. 5. When the earned Service Revenue account was reviewed, it was found that service revenue amounting to $458 was performed prior to June 30 related to Unearned Service Revenue 6. A debit posting to Salaries and Wages Expense of $803 was omitted 7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 8. A dividend of 5708 was debited to Salaries and Wages Expense for 5708 and credited to Cash for $708

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