While in the process of posting from the journal to the ledger, the accountant of X Company failed to post a $50 debit to the Office Supplies account. The effect of this error will be as follows:
A) The Office Supplies account balance will be overstated.
B) The trial balance will not balance.
C) The error will overstate the debits listed in the journal.
D) The total debits in the trial balance will be larger than the total credits.
E) This error will not make any difference.

Question

Quizplus · Accepted Answer

Failing to post a $50 debit to the Office Supplies account means that the total debits in the ledger (and consequently in the trial balance) will be $50 less than they should be, causing the trial balance to not balance.

While in the Process of Posting from the Journal to the Ledger