Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following errors, each considered ind

Which of the following errors, each considered individually, would cause the trial balance to be...

90.2K

Verified Solution

Question

Accounting

Which of the following errors, each considered individually, would cause the trial balance to be out of balance?

A. Cash of $620 received from a customer on account was posted as a debit of $260 to Cash and as a credit of $260 to Accounts Payable.

B. A transaction was not posted.

C. A payment of $159 to a creditor was posted as a debit to Accounts Payable and a debit of $159 to Cash.

D. A payment of $47 for supplies was posted as a debit of $74 to Supplies and a credit of $74 to Cash.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

19 Given MP is a perpendicular bisector which of the following statements are true a...

Finance
1.2K views

31. The speed of college tennis player Jaron Jackson’s first serve averages 125 mph, with a...

Chemistry
1.2K views

1,All of the following are true concerning nuclear fission except a) Uranium is typically split into smaller...

Biology
1.2K views

List 2 examples of nonrenewable resources you use regularly

Physics
1.2K views

Find the electric field strength at 2 meters from the 5 millicoulomb charge q 5...

Basic Math
1.2K views

DEPT 106 EMPLOYEE CHECK Period Ending T Jones 537 1 1 2 1 GROSS PAY...

Accounting
1.2K views

Searches related to the basu company earns interest amounting to $720 per month on its...

Accounting
1.2K views

Infomation from the December 31,2020, year end unadjusted trial balance of Woodstock Store i a5follows:DebitCreditCash..Merchandise...

Accounting
1.2K views

On January 2nd 2016 lapar Corporation purchase a machine for $50,000 lapar paid shipping expensive...

Accounting
1.2K views

30. An electricity company charging depreciation on straight line method on each asset separately, sells...

Accounting
1.2K views

Planning which includes evaluating and financing the construction of a new factory is part of...

Accounting
1.2K views

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming...