The following trial balance of Marigold Company does not balance. Your review of the ledger...

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Accounting

image The following trial balance of Marigold Company does not balance. Your review of the ledger reveals the following. (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated \$104. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,750 and $6,580, respectively. (d) A debit posting to Advertising Expense of $293 was omitted. (e) A $1,420 cash drawing by the owner was debited to Owner's Capital and credited to Cash. The following trial balance of Marigold Company does not balance. Your review of the ledger reveals the following. (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated \$104. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,750 and $6,580, respectively. (d) A debit posting to Advertising Expense of $293 was omitted. (e) A $1,420 cash drawing by the owner was debited to Owner's Capital and credited to Cash

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