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CP 2–8

17 August, 2015 - 11:54

The following trial balance was prepared from the books of Cross Corporation at its year–end, December 31, 2015. After the company’s bookkeeper left, the office staff was unable to balance the accounts or place them in their proper order. Individual account balances are correct, but debits may be incorrectly recorded as credits and vice-versa.

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Required: Prepare a trial balance showing the balances in the correct column. List the accounts in numerical order. Total the columns and ensure total debits equal total credits. Assume all accounts have normal balances.