Which of the following is an example of an error that would cause the trial balance to be out of balance?
A) A journal entry was posted as a debit to Cash for $525 and credited to Accounts Receivable for $552.
B) A journal entry was posted as a debit to Cash and a credit to Sales Revenue when the company received a customer payment on account.
C) A journal entry was posted as a credit to Wages Expense and a debit to Wages Payable.
D) A transaction was not recorded at all.

Question

Quizplus · Accepted Answer

This journal entry causes an imbalance in the trial balance because the debits and credits do not equal each other. The debit is for $525 while the credit is for $552, resulting in a difference of $27.

Which of the Following Is an Example of an Error