Multiple Choice
Given the following errors, identify the one by itself that will cause the trial balance to be out of balance.
A) A $200 cash salary payment posted as a $200 debit to Cash and a $200 credit to Salaries Expense.
B) A $75 cash receipt from a customer in payment of her account posted as a $75 debit to Cash and a $75 credit to Cash.
C) A $100 cash receipt from a customer in payment of her account posted as a $100 debit to Cash and a $10 credit to Accounts Receivable.
D) An $800 prepayment from a customer for services to be rendered in the future was posted as an $800 debit to Unearned Revenue and an $800 credit to Cash.
E) A $50 cash purchase of office supplies posted as a $50 debit to Office Equipment and a $50 credit to Cash.
Correct Answer:

Verified
Correct Answer:
Verified
Q130: Larry Matt completed these transactions during
Q131: Mary Martin, the owner of Martin
Q132: Identify each of the following accounts as:
Q133: Jackson Brown Footwear had total liabilities of
Q134: A debit:<br>A) Always decreases an account.<br>B) Is
Q136: An account balance is:<br>A) Assets = liabilities
Q137: The debt ratio helps to assess the
Q138: Andrea Apple opened Apple Photography on January
Q139: Preparation of a trial balance is the
Q140: Identify the account used by businesses to