Below Is the Trial Balance for Puff Toys

question 94

Essay

Below is the trial balance for Puff Toys.
When trying to determine why the trial balance does not balance, it was discovered that:
1. Several of the accounts listed in the trial balance are in the wrong column. All accounts have normal balances.
2. The accountant forgot to record a credit to sales revenue of $1,000.
3. A transaction to record the payment of rent of $1,000 for the month was not recorded at all.
Required:
Prepare a corrected trial balance in good form.

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Definitions:

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