Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 48

Cavallo Mfg.'s computer system generated the following trial balance on December 31, 2015. The company's manager knows that the trial balance is wrong because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Payroll Payable) has not been recorded.