You mistakenly include a contra account of $20,000 in the same column of your trial balance as the account it offsets.All other things equal,your debit and credit column totals will differ by $40,000.

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By including a contra account in the same column as the account it offsets, you effectively double the impact of the contra account. This mistake increases the total of one column by $20,000 and decreases the total of the other column by $20,000, leading to a difference of $40,000 between the debit and credit column totals.

You Mistakenly Include a Contra Account of $20,000 in the Same