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:

Knee Jerk Reflex

A quick involuntary response involving muscle contraction, triggered by a tap on the tendon below the knee cap.

Spinothalamic Tract

A sensory pathway in the spinal cord and brain that carries information about pain and temperature to the brain.

Axons

The long, threadlike part of a nerve cell along which impulses are conducted from the cell body to other cells.

Somatosensory Information

Sensory data derived from physical stimuli on the body, including touch, temperature, body position, and pain.