Please explain A tl balance has total debits of $27.000 and totel credits of $35,000 Which one of the following erors would crente thes imbelance?Muttple ChoceASL000 debt o Usits Epensenajounal eny ws inconecty posted t the ledger a a S4000 oest eng e Ues pene ccont with a S450 detat balanceA SLO00 debe to Salaies Expense inamal ertry was inconety poed to the edger an a s.O00 oea, ireg the Salanes tpeme account wth a sts0 debit batanceO AS4000 credt to Consutng Mevenuena joumalentry was conecti posted to the ledgeras a S000 dete, leing the Consutng levenue account we a 5900 creanbalanceA S4.000 debt posting to Accounts Recevoble was posted enly to LandA S8.000 debat postno to Egupment was posted mtakenly to Cesh

The trial balance is prepared to record the final balance of ledger accounts as debit and credit.

A triel balance has total debits of $27000 and total credits of $35000 Which one of the following emors would crente thes mbelence? Muttple Choce AS000 debe o Usis Epersenajounal eny w inconcy ptet the ledger aa4000 eest engees pene ccount with a S40 dett balance A S000 dett to Salaes Expense inamal ertry wan incoety poed to e ager ana SO00 cean, ineg the Salanes Epeme acout wth a S0 debe batance AS4000 credt o Consutng evenue n a joumay vconecy posted to the iedget as a S4000 deb leing the Consutng evenue accout with a $900 credt balance A SA000 debt posting to Accounti fleceatlew posted enly ta Land A S8.000 detat postno to Fgupment was posted mtaerly to Cash

A triel balance has total debits of $27000 and total credits of $35000 Which one of the following emors would crente thes mbelence? Muttple Choce AS000 debe o Usis Epersenajounal eny w inconcy ptet the ledger aa4000 eest engees pene ccount with a S40 dett balance A S000 dett to Salaes Expense inamal ertry wan incoety poed to e ager ana SO00 cean, ineg the Salanes Epeme acout wth a S0 debe batance AS4000 credt o Consutng evenue n a joumay vconecy posted to the iedget as a S4000 deb leing the Consutng evenue accout with a $900 credt balance A SA000 debt posting to Accounti fleceatlew posted enly ta Land A S8.000 detat postno to Fgupment was posted mtaerly to Cash

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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