Assume That a Company Using a Purchases Journal Made an Error

Multiple Choice

Assume that a company using a purchases journal made an error in totaling the journal's columns.The error should be discovered:

A) When the purchases journal is posted to the general ledger.
B) When the trial balance is prepared.
C) When the total of the schedule of accounts payable is compared with the balance of the Accounts Payable account.
D) When the creditors receive their payments.
E) When the financial statements are prepared.