Which of these errors would be detected by a trial balance?
A) A cash sale was recorded in the sales account as $237 instead of $273 but was correctly recorded in the bank account.
B) Office salaries were recorded as office expenses.
C) The sales assistant pocketed the cash from a cash sale and did not ring it up on the register.
D) Purchase of inventory on credit was recorded as a debit to the plant and equipment account and a credit to creditors.
Correct Answer:
Verified
Q37: A deposit received in advance by Adelaide
Q38: Select the account types for these
Q39: The system of accounting where each transaction
Q40: The double-entry system requires how many of
Q41: Quinn paid $440, including GST, for advertising.
Q43: Which statement relating to the general journal
Q44: What is the correct order in which
Q45: Select the entry that correctly records the
Q46: Machinery is purchased on credit for $16
Q47: A trial balance will disclose which of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents