The following trial balance of Crane Co does not balance CRA

The following trial balance of Crane Co. does not balance.

CRANE CO.
TRIAL BALANCE
JUNE 30, 2017

Debit

Credit

$14,745

$18,061

Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.

Prepare a correct trial balance.

CRANE CO.
TRIAL BALANCE
JUNE 30, 2017

Debit

Credit

CRANE CO. TRIAL BALANCE JUNE 30, 2017
		Debit		Credit
Cash					$3,099
Accounts Receivable		$3,460
Supplies		1,029
Equipment		4,029
Accounts Payable					2,895
Unearned Service Revenue		1,429
Common Stock					6,229
Retained Earnings					3,229
Service Revenue					2,609
Salaries and Wages Expense		3,629
Office Expense		1,169
Totals		$14,745			$18,061

Solution

Debit Credit Cash (3,099+180-294-294) 2691 Accounts receivable (3,460-180) 3280 Supplies (1,029-729 300 Equipment (4,029+729 4758 Accounts payable (2,895-206-260 2429 unearned service revenue (1,429-554 875 common stock 6,229 Retained earnings 3,229 Divdiend 804 Service revenue (2,609+801+554 3964 Salaries & wage expense (3,629+899-804) 3724 Office expense 1,169 totals 16726 16726