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1)Lynn Dreise is the bookkeeper for Sanculi Company SpA

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1)Lynn Dreise is the bookkeeper for Sanculi Company SpA. Lynn has been trying to get the statement of financial position of Sanculi Company SpA to balance. Sanculi’s statement of financial position is shown below.

Assets Equipment Supplies Cash Dividends Total assets €59,342 9,890 17,308 11,127 €97,667 Liabilities Share capital-ordinary Retained earnings Accounts payable Accounts receivable Total equity and liabilities €61,815 21,635 24,726 (10,509 ) €97,667 Prepare a correct statement of financial position. SANCULI COMPANY SPA Statement of Financial Position Assets Equity and Liabilities MATHRMA TORTA 10 Question Attemp

2)An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal.

Trial Balance December 31, 2017 Debit Credit £18,628 £4,059 5,387 6,587 Cash Prepaid Insurance Accounts Payable Unearned Service Revenue Share Capital-Ordinary Dividends Service Revenue Salaries and Wages Expense Rent Expense 14,828 6,887 27,428 20,428 4,228 £62,817 £45,643 Headlands Industries Trial Balance Debit Credit