For each of the following errors, indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit) will have the larger total as a result of the error.
a. $100 debit to Cash was debited to the Cash account twice
b. $1,900 credit to Sales was posted as a $190 credit
c. $5,000 debit to Office Equipment was debited to Office Supplies
d. $625 debit to Prepaid Insurance was posted as a $62.50 debit
e. $520 credit to Accounts Payable was not posted
Correct Answer:
Verified
Q183: The third step in the analyzing and
Q185: _ identify and describe transactions and events
Q186: The difference between total debits and total
Q188: A _ is a list of all
Q194: The balances for the accounts of
Q195: After preparing an (unadjusted) trial balance
Q196: The balances for the accounts of
Q197: The balances for the accounts of
Q197: A _ is a record containing all
Q223: Stride Rite had total liabilities of $130
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