Multiple Choice
In which of the following situations would the trial balance not balance?
A) The payment of a $750 account payable was posted as a debit to Accounts Payable and a debit to Cash for $750.
B) The purchase of office equipment for $1,200 was posted as a debit to Office Supplies.
C) A $1,000 collection of an account receivable was incorrectly posted as a debit to Accounts Receivable and a credit to Cash.
D) $50 cash receipt for the performance of a service was not recorded.
E) The purchase of office supplies on account for $3,250 was incorrectly recorded in the journal as $2,350.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: On June 30, the Cash account of
Q44: Which of the following statements is correct?<br>A)The
Q45: Welder Company purchases supplies from Plumber Company
Q47: Discuss how the following transactions affect accounts
Q50: To credit an expense account means to
Q51: Which of the following statements is true?
Q53: A receipt of $12,600 cash from a
Q69: When a business sends a bill for
Q103: Purchasing supplies on credit increases assets while
Q124: If a company purchases land, paying part