The purchase of a delivery truck for $9,500 (on credit) was posted as debit to Delivery Trucks for $9,500, and a debit to Notes Payable for $9,500.
What effect would this error have on the trial balance?
A) The total of the Debit column of the trial balance will exceed the total of the Credit column by $9,500.
B) The total of the Credit column of the trial balance will exceed the total of the Debit column by $9,500.
C) The total of the Credit column of the trial balance will exceed the total of the Debit column by $19,000.
D) The total of the Debit column of the trial balance will exceed the total of the Credit column by $19,000.

Question

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The Answer of The purchase of a delivery truck for $9,500 (on credit) was posted as debit to Delivery Trucks for $9,500, and a debit to Notes Payable for $9,500.
What effect would this error have on the trial balance?
A) The total of the Debit column of the trial balance will exceed the total of the Credit column by $9,500.
B) The total of the Credit column of the trial balance will exceed the total of the Debit column by $9,500.
C) The total of the Credit column of the trial balance will exceed the total of the Debit column by $19,000.
D) The total of the Debit column of the trial balance will exceed the total of the Credit column by $19,000.

The Purchase of a Delivery Truck for $9,500 (On Credit)