Unfortunately, the bookkeeper notices that two transactions for Patio Publications were not reflected in the balances of the trial balance: one to record $800 of accrued wages and salaries to be paid in the next period, and the other was the use of $560 of office supplies from the supplies on hand.If the Trial Balance column totals are $15,380 prior to discovering these mistakes, what are the totals of the Trial Balance columns after the corrections are made?
A) $15,860
B) $15,140
C) $16,740
D) $16,180

Question

Quizplus · Accepted Answer

The adjustment for accrued wages and salaries is a debit to Wages and Salaries Expense for $800 and a credit to Accrued Wages and Salaries Payable for $800. The adjustment for office supplies used is a debit to Office Supplies Expense for $560 and a credit to Office Supplies for $560. Adding the adjustments to the original trial balance gives us a total of $16,180 for both columns.

Unfortunately, the Bookkeeper Notices That Two Transactions for Patio Publications