An entity's unadjusted trial balance does not equal. Following information was determined: Cash balance of ₱45,000 was erroneously extended to the trial balance as ₱54,000. The debit posting for 5,000...



  1. An entity's unadjusted trial balance does not equal. Following information was determined:



  • Cash balance of₱45,000 was erroneously extended to the trial balance as₱54,000.

  • The debit posting for 5,000 sale on account was omitted.

  • Prepaid rent with a balance of₱34,000 was extended to the credit column of the trial balance.

  • Depreciation expense of₱16,000 was erroneously recorded as rent expense.

  • Interest payable with a balance of₱4,000 was extended to the debit column on the trial balance.



Aug 13, 2022
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