(Solution) - This trial balance of Titus Co does not balance -(2025 Original AI-Free Solution)

Paper Details

This trial balance of Titus Co. does not balance.

Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors:
1. Cash received from a customer on account was debited for $590, and Accounts Receivable was credited for the same amount. The actual collection was for $950.
2. The purchase of a printer on account for $340 was recorded as a debit to Supplies for $340 and a credit to Accounts Payable for $340.
3. Services were performed on account for a client for $800. Accounts Receivable was debited for $80 and Service Revenue was credited for $800.
4. A debit posting to Salaries Expense of $500 was omitted.
5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260.
6. Payment of a $600 cash dividend to Titus?s stockholders was debited to Salaries Expense for $600 and credited to Cash for $600.

Instructions
Prepare the correct trialbalance.