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You prepared the above trial balance and it did not balance. When you reviewed the ledger and other records, you discovered the following:

(1) the debits and credits in the cash account total $77,600 and $62,100, respectively;

(2) a billing of $9,000 to a customer on account was not posted to the accounts receivable account;

(3) a payment of $4,500 made to a creditor on account was not posted to the accounts payable account;

(4) the balance of the unearned rent account is $5,400;

(5) the correct balance of the equipment account is $190,000; and

(6) each account has a normal balance.

Required: Prepare a correct trial balance (10 pts)

Trial Balance
							Debit	Credit
Cash
Accounts Receivable
Prepaid Insurance
Equipment
Accounts Payable
Unearned Rent
Hal Fredrick, Capital
Hal Fredrick, Withdraw
Service Revenue
Wages Expense
Advertising Expense
Miscellaneous Expense
Totals

Credit 12,000 Ranger Co Trial Balance 31-Aug-16 Debit Cash $ 77,600 Accounts Receivable 37,750 Prepaid Insurance Equipment 19,000 Account Payable Unearned Rent Hal Fredrick, Capital 110,000 Hal Fredrick, Withdraw 13,000 Service Revenue Wages Expense Advertising Expense 16,350 Miscellaneous Expense Totals $ 273,700 29,100 10,800 385,000 213,000 18,400 $ 668,300

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