Answer:
Blue Spruce Corp.
The total credits on the company's trial balance at June 30, 2022 are:
Accumulated depreciation-equipment $66
Accounts payable 910
Unearned rent revenue 136
Common stock 246
Retained earnings 6800
Service revenue 382
Interest revenue 76
Totals $8,616
Step-by-step explanation:
a) Data and Calculations:
Blue Spruce Corp.
Trial Balance as at June 30, 2022:
Accounts Title Debit Credit
Cash $1832
Accounts receivable 2858
Inventory 3904
Prepaid rent 96
Equipment 390
Accumulated depreciation-equipment $66
Accounts payable 910
Unearned rent revenue 136
Common stock 246
Retained earnings 6800
Service revenue 382
Interest revenue 76
Salaries and wages expense 170
Insurance expense 98
Totals $9,348 $8,616
b) The totals show that the trial balance is not in balance. This may be as a result of errors of omissions, commissions, transposition, etc.