The following trial balance of waterway landowska company


The following trial balance of Waterway Landowska 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 $102. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,740 and $6,690, respectively. (d) A debit posting to Advertising Expense of $310 was omitted. (e) A $1,400 cash drawing by the owner was debited to Owner’s Capital and credited to Cash. WATERWAY LANDOWSKA COMPANY TRIAL BALANCE APRIL 30, 2017 Debit Credit Cash $4,409 Accounts Receivable 2,470 Prepaid Insurance 736 Equipment $7,660 Accounts Payable 4,930 Property Taxes Payable 516 Owner’s Capital 10,410 Service Revenue 6,960 Salaries and Wages Expense 4,326 Advertising Expense 1,190 Property Tax Expense 869 $20,607 $23,869 Prepare a correct trial balance. WATERWAY LANDOWSKA COMPANY TRIAL BALANCE APRIL 30, 2017 Debit Credit $ $ Totals $ $

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Financial Accounting: The following trial balance of waterway landowska company
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