The Jolly Company made purchased supplies,with cash,in the amount of $550.The junior accounting clerk posted the transaction as a debit of $550 to supplies and a $55 credit to cash.As a result of the post,the unadjusted trial balance will no longer balance.What is the value of the discrepancy leading to debits not equaling credits.Is it the debit column or credit column that contains this value?

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The Answer of The Jolly Company made purchased supplies,with cash,in the amount of $550.The junior accounting clerk posted the transaction as a debit of $550 to supplies and a $55 credit to cash.As a result of the post,the unadjusted trial balance will no longer balance.What is the value of the discrepancy leading to debits not equaling credits.Is it the debit column or credit column that contains this value?

The Jolly Company Made Purchased Supplies,with Cash,in the Amount of $550.The