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Business, 19.03.2021 01:30 xeal7007

An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. IVANHOE COMPANY Trial Balance December 31, 2017 Debit Credit Cash $22,150 Prepaid Insurance $ 5,230 Accounts Payable 3,850 Unearned Service Revenue 4,770 Common Stock 10,000 Retained Earnings 6,600 Dividends 7,440 Service Revenue 27,330 Salaries and Wages Expense 12,160 Rent Expense 5,570 $39,080 $66,020

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