Multiple Choice
Which of the following errors would a trial balance help the accounting staff to find?
A) A sale for $8,300 occurred,and instead of debiting Cash for $8,300,Accounts Receivable was debited for $8,300.
B) A sale for $8,300 occurred,and instead of debiting Cash for $8,300,Accounts Payable was debited for $8,300.
C) A sale for $8,300 occurred,and instead of debiting Cash and crediting Sales for $8,300,Cash was credited and Sales was debited for $8,300.
D) A sale for $8,300 occurred,and instead of debiting Cash and crediting Sales for $8,300,Cash was debited for $700,and Sales was credited for $8,300.
E) A sale for $8,300 occurred and instead of debiting Cash for $8,300 and crediting Sales for $8,300,Cash was debited for $7,000 and Sales was credited for $7,000.
Correct Answer:

Verified
Correct Answer:
Verified
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