Which of the following errors would be detected by a trial balance? i) Office salaries posted correctly to cash are posted as a credit to other income ii) Cash received from a customer on account was posted as a debit of $350 to cash and as a credit of $350 to accounts payable iii) A payment of $59 for supplies was posted as a debit of $95 to supplies and a credit of $59 to cash
Which of the following errors would be detected by a trial balance? i) Office salaries posted correctly to cash are posted as a credit to other income ii) Cash received from a customer on account was posted as a debit of $350 to cash and as a credit of $350 to accounts payable iii) A payment of $59 for supplies was posted as a debit of $95 to supplies and a credit of $59 to cash
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
Section: Chapter Questions
Problem 8E: Would the following errors cause the trial balance to have equal or unequal totals? As a result of...
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