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(Corrected Trial Balance) The trial balance of Geronimo Company does not balance. Your review of the ledger reveals the following: (a) Each account...
(Corrected Trial Balance)The trial balance of Geronimo Company does not balance. Your review of the ledger reveals the following: (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated $1,000. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,750 and $6,690, respectively. (d) A debit posting to Advertising Expense of $300 was omitted. (e) A $3,200 cash drawing by the owner was debited to Geronimo, Capital, and credited to Cash. GERONIMO COMPANY Trial Balance April 30, 2010Credit $8,000 4,500 11,200 800__________$24,500Prepare a correct trial balance. (If answer is zero, please enter 0, do not leave any fields blank.)GERONIMO COMPANY Trial Balance April 30, 2010Credit Cash Property Tax Expense $
Given Trial Balance as on April 30, 2010DebitsCreditsCash$2,100Accounts Receivables$2,570Prepaid insurance$700Equipment$8,000Accounts Payable$4,500Property tax payable$560Geronimo,...