[Mitchellstokes]

SOLVED (By Me...):

Can someone PLEASE help me with this!
I've uploaded the question here: http://i.imgur.com/gjDREdQ.jpg
Ive been stuck on it for 2 days now. Here are my notes:
1 --> Cash Debit 180 --> Acc rec Credit 180.
2 --> Supplies Credit 340 --> Equip Debit 340.
3 --> Service Rev Credit 801.
4 --> Salary exp Debit 367.
5 --> Acc Pay Debit 699.
6 --> Salary exp Credit 500 --> Drawings Debit 500.
My results are: Debits = 14528, Credits=17808
What am I doing wrong? Can you balance it?

[Mitchellstokes]

Urgh. After rereading the question (For the 10th time), I see that the analysis was performed only on the ledger and journal entries and as such, the trial balance has not been analysed for errors. All amounts were correct at Ledger and Journal levels, but amounts may not have been correctly transferred to the trial balance.

As such, Cash and Unearned Revenues are Debits and not Credits.

[pready]

On the attachment, start with getting the trial balance to balance. Cash should have a Debit balance and Unearned Revenue should have a Credit balance. So just put the amounts in the correct column.

Your corrections should be:
1. Debit Cash and Credit Accounts Receivable for the difference between the actual amount of $750 and the previously posted amount of $570. (This makes the correct amount to be posted to both accounts).

2. Debit Equipment and Credit Supplies for $340. (This moves the typewriter purchase from the incorrect account to the correct one).

3. Credit Service Revenue the difference between $890 and $89. This makes the correct amount to be posted in the account).

4. Debit Salaries Expense for $367. (This corrects an omission to the account).

5. Debit Accounts Payable for $309, then Debit Accounts Payable for $390. (This removes the incorrect posting of $309 and posts the correct payment of $390).
6. Debit Pham, Drawing and Credit Salaries Expense for $500. (This moves the withdrawal that was posted in the incorrect account to the correct one).