Correcting errors in trial balance
The following trial balance of Joy McDowell Tutoring Service as of May 31, 2015, does not balance
Joy McDowell Tutoring Service
Trial Balance
31-May-15
|
Account title
|
Debit
|
Credit
|
|
Cash
|
3000
|
|
|
Accounts receivable
|
2000
|
|
|
Office Supplies
|
600
|
|
|
Computer equipment
|
15800
|
|
|
Accounts payable
|
|
11100
|
|
Utilities expense
|
|
300
|
|
Common stock
|
|
11600
|
|
Dividends
|
10000
|
|
|
Service revenue
|
|
9800
|
|
Salaries expense
|
1700
|
|
|
Rent expense
|
700
|
|
|
Utilities expense
|
500
|
|
|
|
300
|
|
|
Total
|
34300
|
32800
|