Business, 24.09.2020 14:01, paracordcms

The following trial balance for Hill Company has errors that cause it to be out of balance. Hill Company
Unadjusted Trial Balance
December 31, 2019
Debit Credit
Cash $20,000
Inventory $85,000
Accounts receivable 42,000
Accounts payable 12,000
Common stock 52,000
Retained earnings 58,000
Sales revenue 100,000
Cost of goods sold 60,000
Selling expenses 15,000
Totals $237,000 $207,000
Prepare a corrected version of the trial balance for Hill Company.

Answers: 3

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The following trial balance for Hill Company has errors that cause it to be out of balance. Hill Co...