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Effect of Errors on Trance The following error occurred in posting from a two-colonjour 1....

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Accounting

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Effect of Errors on Trance The following error occurred in posting from a two-colonjour 1. And of $4420 to Mounts Payable was not posted 2. An entry debiting Account Recable and crediting Fees tuned for $18,000 was not posted 3. Adebit of $730 to Accounts Payable wis posted as a credit 4. A debit of $2.400 to Sepphes was posted twice. 5. A debt of $970 to Cash was posted to Miscellaneous Expense 6. Acredit of $460 to cash was posted as 5640 7. A debt of $5,820 to Wages Expert was posted as $5.280. Considering each case maividually (e. assuming that no other errors had occurred): (a) indicate by * o *o* whether the trial balance would be out of balance (b) of the answer to (a} is "yes", indicate the amount by which the trial balance totals would differe. Indicate whether the debtor credit column of the tra lance would have the larger total If no estero in the difference color and deceither" from the drop box under "errotar Erter all mounts al positive numbers, Antwers should be presented in mering form. wie given as an example: Error Out of balance Difference Larger Total Yes 4.420 Debit

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