Correcting a trial balance
Brenda Longval Travel Design prepared its trial balance. Suppose Longval made an error: She erroneously listed capital of $30,600 as a debit rather than a credit.
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BRENDA LONGVAL TRAVEL DESIGN
Trial Balance
30-Apr-12
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Balance
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Account Title
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Debit
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Credit
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Cash
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$ 18,000
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Accounts receivable
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1,000
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Office supplies
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500
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Land
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14,000
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Accounts payable
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$400
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Longval, capital
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30,600
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Longval, drawing
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3,000
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Service revenue
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8,800
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Rent expense, computer
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700
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Rent expense, office
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900
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Salary expense
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1,100
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Utilities expense
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600
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Total
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Requirement
1. Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error.