Essay
Given each of the following errors,indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit)will have the larger total as a result of the error.
a.$100 debit to Cash was debited to the Cash account twice.
b.$1,900 credit to Sales was posted as a $190 credit.
c.$5,000 debit to Office Equipment was debited to Office Supplies.
d.$625 debit to Prepaid Insurance was posted as a $62.50 debit.
e.$520 credit to Accounts Payable was not posted.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A balanced trial balance is proof that
Q29: List the steps in processing transactions.
Q41: A business's source documents:<br>A)Include the ledger.<br>B)Provide objective
Q47: The dividends account normally has a debit
Q48: Rowdy Bolton began Bolton Office Services in
Q49: Which of the following statements is not
Q91: A record in which the effects of
Q113: A general journal is:<br>A)A ledger in which
Q185: Asset accounts are decreased by debits.
Q198: Increases in liability accounts are recorded as