Which of the following errors will not affect the Trial balance? a. Wrong totaling of purchase journal OMR 48,000 instead OMR 84,000 b. Cash paid to Mr. Said OMR 7800: Debit Mr. Said OMR 8700 and Credit Cash OMR 7800 c. Omitting Salary account OMR 12,000 and recording Cash account OMR 12,000 d. Omitting Rent account OMR 8,000 and Cash account RO 8,000

Q: 8. If a $335.00 debit item in the general journal is posted as a debit for $353.00, and as a credit…

A: Answer a) Calculation of amount by which the trail balance will be out of balance Difference in…

Q: Rectify the following accounting errors through Suspense Account by making journal entries: (the…

A: The journal entries are prepared to record the daily transactions of the business.

Q: .All statement are limitations of trial balance Except: OMR 650 collected from customer, is debited…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Zuhoor Muscat Company had recorded a RO 1,500 purchase of Supplies on account as a debit to Rent…

A: Zuhoor Muscat company recorded that Purchase of supplies on account = RO1500 The entry of journal…

Q: identify which error will cause the trial balance to be out of balance A. a 260 cash salary payment…

A: Trial balance: Trial balance is the summary of all the ledger accounts balances presented in a…

Q: the following errors, each considered individually, would cause the trial balance totals to be…

A: Solution:  The trial balance totals would be unequal when the errors cause posting of different…

Q: You have now been presented with the following list of errors and have been asked to prepare the…

A: Book keeping record wherein the closing balances of all the ledger A/Cs are compiled is known as…

Q: (Corrected Trial Balance) The following trial balance of Blues Traveler Corporation does not…

A: Definition: Trial balance: Trial balance is a summary of all the ledger accounts balances presented…

Q: 4. Complete the following chart to show the effect of errors on a trial balance Trial balance will…

A: The trial balance is prepared to record the final balance from the ledger accounts as debit and…

Q: 1-A Merchandise business paid cash for Travelling expenses of OMR 30. But it was recorded as Debit…

A: The rectification entries are made to correct the errors made while making journal entries.

Q: the following rectification entry will be correct? a. Debit Travelling expense OMR 30 Credit Cash…

A: The Golden rule of accounting includes that debit all expenses and credit all incomes. It also…

Q: Correction of Errors Grace’s trial balance did not balance, the debits exceeded the credits by $1…

A: A cheque of $1 900 from A. Brent was accidentally credited to A. Brian’s account: No effect on the…

Q: Which of the following errors will affect the Trial balance? a. Electricity paid OMR 2,000: Debit…

A: Stationery expense = OMR 50 Correct entry for Stationery expense: DATE ACCOUNTS DEBIT CREDIT…

Q: The purchase of fixed assets totalling $ 100 on account was incorrectly recorded as a debit to…

A: Purchase of fixed assets on account should be recorded as debit to assets account and credit to…

Q: Ms. Ameena is an Account Assistant of a Merchandise business in Oman. The business paid rent expense…

A:

Q: Which of the following errors will affect the Trial balance? a. Cash received from Mr. Ahmed OMR…

A: Trial balance is effected when debit and credit side do not match. Omitting a transaction do not…

Q: Grace’s trial balance did not balance, the debits exceeded the credits by $1 560. A suspense account…

A: Errors: While doing accounting in books, there may arise certain errors. These errors may be due to…

Q: $2.2 Show the journal entries necessary to correct the following errors: a) A sale of goods £412 to…

A: Various errors can take place while doing accounting work. These errors may be errors of principle,…

Q: The following errors took place in journalizing and posting transactions:a. Cash of $8,800 received…

A: Rectification of journal entry means to correctly record the entry which is recorded incorrect in…

Q: orrection of Errors Grace’s trial balance did not balance, the debits exceeded the credits by $1…

A: There are various errors that take place while recording, posting, and balancing accounts. These…

Q: Journalize correcting entries for each of the following errors. A cash purchase of office equipment…

A: Correction of errors and journalizing the corrected entries: General Journal          Page 1…

Q: Exercise 1- Errors Not Revealed by Trial Balance State which type of error each of the following…

A: Comment; Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…

Q: At Sandhill Company, the following errors were discovered after the transactions had been…

A: No. Correct Entry Entry Made Correcting Entry     Debit Credit   Debit Credit   Debit Credit…

Q: Which of the following errors, each considered individually, would cause the trial balance totals to…

A: The trial balance total gets unequal when the account is debited and no corresponding credit is…

Q: Which of the following errors will affect the Trial balance? a.

A: Trial balance is affected when debit and credit side are different. Omitting and entry does not…

Q: Identify which error will cause the trial balance to be out of balance. Multiple Choice A $370 cash…

A: The trial balance is prepared as posting of final balance from ledger accounts as debit and credit.…

Q: 1. A collection on account from a customer for $870 was recorded as a debit to Cash $870 and a…

A: The journal entries are prepared to record daily transactions of the business.

Q: 00 a. A purchase of supplies for $259 on account (Record the entry to reverse the error first.) If…

A: Journal entry is an act of recording all the transactions of a business.

Q: Correcting errors in a trial balance The trial balance of Love to Learn Child Care does not balance.…

A: Trial balance is the statement showing the list of all ledger accounts with their respective debit…

Q: Business paid RO 2000 rent expense was wrongly entered RO 20 in both the accounts. This type of…

A: The error rectification is required whenever there seems some errors on Trial balance.

Q: Which of the following errors would cause a trial balance imbalance? (i) The discounts received…

A: Trial Balance is the Balance of ledger Account where total of debit side of trial equal to credit…

Q: Which of the following error will not affect trial balance? a. Rent expense of 200 were entered in…

A: A statement prepared to show that all the debits in the books are equal to that of the credits is…

Q: 1-Which of the following is an example of Transposition Error? a. Electricity expense of OMR 50…

A: Rectification entry means where some error has been done in past and we need to rectify that errors.…

Q: Following are some accounting errors: (the followings are two side errors) 1. Sales for R.O 20,000…

A: There are three golden rules in accounting for recording the transaction : Debit what comes in ,…

Q: Cash, Modified Cash, and Accrual Bases of Accounting Select the debit and credit account for each…

A: Step 1 Cash basis of accounting we recognize the transaction based on cash movement hit by any…

Q: oods returned by Mr. Mohammed worth RO 1,500 were not entered in both the accounts. This type of…

A: Trial Balance: Trial balance is a statement in which closing balance of all ledger accounts are…

Q: Which of the following errors, each considered individually, would cause the trial balance totals to…

A: If any transaction impacted both debit and credit in the same way then the trial balance remains…

Q: Following are some accounting errors: ( the followings are two side errors) 1. Sales for R.O 20,000…

A: There are three golden rules in accounting for recording the transaction : Debit what comes in ,…

Q: Merchandise business paid cash for Travelling expenses of OMR 30. But it was recorded as Debit Cash…

A: Correct Entry: Debit Travelling expense OMR 30 Credit Cash OMR 30   Entry Made: Debit Cash OMR 30…

Q: A purchase of supplies for $158 on account was recorded and posted as a debit to Supplies for $513…

A: a. Accounts title Debit Credit Accounts receivable  513         Supplies   513 Supplies 158…

Q: 1. Record the entries needed in the journal to correct the following errors. Narratives are not…

A: In this numerical has covered the concept of Rectification of Errors. In the Financial Accounting…

Q: choose the correct answer    If the ending balance of accounts payable is ₱100,000 and the total…

A:

Q: Exercise of rectifying errors using suspense account Rectify the following accounting errors through…

A: The journal entries are prepared to record the daily transactions of the business.

Q: Correcting the Trial Balance: Alpha received cash of $300 in advance from a customer that has not…

A: Adjusting journal entry: At year-end when the company finalizes its accounts then any unrecognized…

Q: Name the error which was made under the following circumstances: the business sold goods on credit…

A: The accounting is a process to record the transactions on the regular basis in the four column…

Q: Correcting errors in a trial balance The trial balance of Beautiful Tots Child Care does not…

A: Given errors are: a. Cash is understated by $1,500. b. A $4,100 debit to Accounts Receivable was…