Essay
Wrobell Company has the following incorrect trial balance available on December 31,2015:
The following errors in the trial balance were made:
1.Recorded $200 cash revenue received by debiting Accounts Receivable for $200 and crediting Revenue for $200.
2.Posted a $1,000 credit to Accounts Payable as $100.
3.Understated Common Stock by $200.
4.Omitted a journal entry that debits Insurance Expense for $3,700 and credits Cash for $3,700.
Prepare a correct trial balance at December 31,2015.A proper heading is not required.
Correct Answer:

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Correct Answer:
Verified
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