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A Company Posted a $8,000 Debit to Cash as $800

Question 194

Multiple Choice

A company posted a $8,000 debit to Cash as $800.The credit of $8,000 to Service Revenue in the entry was posted correctly.Is the trial balance out of balance?


A) No.
B) Yes,by $800.
C) Yes,by $7,200.
D) Yes,by $8,000.

Correct Answer:

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