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The exercise presents an unbalanced preliminary trial balance for Ranger Co. and a list of adjustments required to correct it. Let’s analyze the data and steps provided:

### Unadjusted Trial Balance
| Account                      | Debit Balances | Credit Balances |
|-------------------------------|----------------|-----------------|
| Cash                          | 77,600         |                 |
| Accounts Receivable            | 37,750         |                 |
| Prepaid Insurance              | 12,000         |                 |
| Equipment                     | 19,000         |                 |
| Accounts Payable               |                | 29,100          |
| Unearned Rent                  |                | 10,800          |
| Carmen Meeks, Capital          |                | 110,000         |
| Carmen Meeks, Drawing          | 13,000         |                 |
| Fees Earned                    |                | 385,000         |
| Wages Expense                  | 213,000        |                 |
| Advertising Expense            | 16,350         |                 |
| Miscellaneous Expense          | 18,400         |                 |
| **Totals**                     | 273,700        | 668,300         |

### Adjustments Required:
1. **Cash account total issue**: Debit should be $77,600, and credit should be $62,100.
2. **Unposted billing of $9,000 to Accounts Receivable**.
3. **Unposted payment of $4,500 to Accounts Payable**.
4. **Correct unearned rent balance: $5,400**.
5. **Correct equipment balance: $190,000**.
6. All accounts have normal balances.

#### Steps to Correct:
- **Cash**: Update credit side with $62,100, not affecting the debit side.
- **Accounts Receivable**: Increase debit by $9,000.
- **Accounts Payable**: Increase credit by $4,500.
- **Unearned Rent**: Adjust credit to $5,400.
- **Equipment**: Adjust debit to $190,000.

Now I will calculate the corrected totals and prepare the corrected unadjusted trial balance.After applying the necessary adjustments, the corrected unadjusted trial balance is still unbalanced:

- **Total Debit Balances**: $587,100
- **Total Credit Balances**: $596,100

There is still a difference of $9,000 between the debit and credit sides. This discrepancy might require a further review to ensure that all adjustments have been applied correctly or that additional errors aren't present.

Do you want to explore potential next steps or clarifications on any particular adjustment? 

Here are 5 questions you might want to consider:
1. Could there be another unposted transaction affecting the cash account?
2. Should the $9,000 discrepancy be looked at in more detail?
3. How does the unearned rent adjustment impact the overall balance?
4. Is it possible that an error occurred while recording Fees Earned?
5. Should a detailed review of the accounts payable and receivable be done?

**Tip**: When preparing a trial balance, always double-check for transposition errors or unposted transactions, as they are common causes of imbalances.

How to correct errors in the unadjusted trial balance of Ranger Co. based on discrepancies between the debit and credit columns and unposted transactions?

This problem addresses how to correct errors in the unadjusted trial balance for Ranger Co., a sports ticket agency, by posting unrecorded transactions and adjusting account balances. Learn how to apply proper accounting methods for debits, credits, and unearned revenue to resolve discrepancies.

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