Multiple Choice
The purchase on credit of a delivery truck for $9,600 was posted to Delivery Trucks asa $9,600 debit and to Rent Expense as a $9,600 debit. What effect would this error have on the trial balance?
A) The total of the Credit column of the trial balance will exceed the total of the Debit column by $19,200.
B) The total of the Debit column of the trial balance will exceed the total of the Credit column by $19,200.
C) The total of the Debit column of the trial balance will equal the total of the Credit column.
D) The total of the Credit column of the trial balance will exceed the total of the Debit column by $9,600.
E) The total of the Debit column of the trial balance will exceed the total of the Credit column by $9,600.
Correct Answer:
Verified
Correct Answer:
Verified
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