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Sagot :
Answer:
Sarasota Traveler Corporation
Trial Balance as at April 30, 2020
Debit Credit
Cash $6,212
Accounts Receivable 5,390
Supplies 3,117
Equipment 6,250
Accounts Payable $7,194
Common Stock 8,150
Retained Earnings 2,150
Service Revenue 5,350
Office Expense 4,470 0
Explanation:
First prepare correcting journals. Then adjust the ledger accounts using the journals prepared
Journals
Item 1
Debit : Cash $270
Credit : Accounts Payable $270
Item 2
Debit : Computer $3,339
Credit : Office Expense $3,339
Item 3
Debit : Suspense $2,025
Credit : Service Revenue $2,025
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