Fox Ltd Had the Following Trial Balance on October 31, 2014

Essay

Fox Ltd. had the following trial balance on October 31, 2014.
The following errors caused the trial balance not to balance:
a. Recorded a $2,000 debit to Note Payable as a debit to Note Receivable.
b. Posted a $3,000 credit to Accounts Payable as $300.
c. Recorded a cash revenue transaction by debiting Cash for $6,000 and crediting Accounts Receivable for $6,000.
d. The Common Shares account is understated by $11,100.
Prepare a corrected trial balance as of October 31, 2014. All accounts have a normal balance.