Answer Happy

The accountant for Eva’s Laundry prepared the following
unadjusted and adjusted trial balances. Assume that all
balances in the unadjusted trial balance and the amounts of the
adjustments are correct.
Eva’s Laundry
Trial Balances
May 31, 2018
1
Unadjusted
Unadjusted
Adjusted
Adjusted
2
Debit Balances
Credit Balances
Debit Balances
Credit Balances
3
Cash
$7,565.00
$7,565.00
4
Accounts receivable
18,710.00
23,570.00
5
Laundry Supplies
3,700.00
6,455.00
6
Prepaid Insurance*
5,655.00
2,525.00
7
Laundry Equipment
193,800.00
181,125.00
8
Accumulated Depreciation—Laundry Equipment
$47,930.00
$47,930.00
9
Accounts Payable
9,630.00
9,630.00
10
Wages Payable
1,245.00
11
Common Stock
34,500.00
34,500.00
12
Retained Earnings
79,770.00
79,770.00
13
Dividends
29,060.00
29,060.00
14
Laundry Revenue
183,300.00
183,300.00
15
Wages Expense
49,385.00
49,385.00
16
Rent Expense
25,075.00
25,075.00
17
Utilities Expense
18,820.00
18,820.00
18
Depreciation Expense
12,675.00
19
Laundry Supplies Expense
2,755.00
20
Insurance Expense
375.00
21
Miscellaneous Expense
3,360.00
3,360.00
22
$355,130.00
$355,130.00
$362,745.00
$362,745.00
* $3,130 of insurance expired during the year.
Identify the errors in the accountant's adjusting entries by
preparing a corrected adjusted trial balance. Assume that none of
the accounts were affected by more than one adjusting entry. If an
amount box does not require an entry, leave it blank.