[rahulmadnani]

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

RICHARDSON COMPANY

Trial Balance
December 31, 2007
Account Title

Debit Credit
Cash $18,800
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 16,600
Rent Expense 2,400
Total $37,200 $55,400

[pready]

Your Debit balances are: Cash, Prepaid Insurance, Dividends, Salaries Expense, and Rent Expense.

Your other accounts have a credit balance.

Your debits and credits should equal 46,300