Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 20Y8 Debit Balances Credit Balances Cash Accounts Receivable. Prepaid Insurance Equipment.... Accounts Payable Salaries Payable.....

Identify the errors in the following trial balance. All accounts have normal balance

Ensemble Co.<br>Unadjusted Trial Balance<br>For the Year Ending December 31, 20Y8<br>Debit<br>Balances<br>Credit<br>Balances<br>Cash<br>Accounts Receivable.<br>Prepaid Insurance<br>Equipment....<br>Accounts Payable<br>Salaries Payable..<br>Common Stock<br>42,900<br>123,500<br>27,000<br>300,000<br>52,000<br>4,800<br>40,000<br>Retained Earnings<br>Dividends.<br>137,200<br>5,000<br>Service Revenue<br>Salary Expense..<br>Advertising Expense..<br>Miscellaneous Expense<br>1,216,000<br>660,000<br>275,000<br>16,600<br>1,801,500<br>1,801,500<br>

Extracted text: Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 20Y8 Debit Balances Credit Balances Cash Accounts Receivable. Prepaid Insurance Equipment.... Accounts Payable Salaries Payable.. Common Stock 42,900 123,500 27,000 300,000 52,000 4,800 40,000 Retained Earnings Dividends. 137,200 5,000 Service Revenue Salary Expense.. Advertising Expense.. Miscellaneous Expense 1,216,000 660,000 275,000 16,600 1,801,500 1,801,500

Jun 03, 2022

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Ensemble Co. Unadjusted Trial Balance For the Year Ending December 31, 20Y8 Debit Balances Credit Balances Cash Accounts Receivable. Prepaid Insurance Equipment.... Accounts Payable Salaries Payable.....

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