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Question(s) / Instruction(s):

ACCT2020 An inexperienced bookkeeper prepared the following trial balance that does not balance.

PETTENGILL COMPANY

Trial Balance

December 31, 2012

                                                                Debit                     Credit

Cash                                                      $20,800

Prepaid Insurance                           $3,500

Accounts Payable                            2,500

Unearned Revenue                                                        1,800    

Common Stock                                                                 10,000

Retained Earnings                                                            6,400

Dividends                                 5,000

Service Revenue                                                              25,600

Salaries Expense              14,600  

Rent Expense                   2,400

Total                                      $37,200                 $55,400

Required:

Complete the correct trial balance, assuming all account balances are normal. 

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