Homework Help is Here – Start Your Trial Now!
Business
Accounting
Identify which error will cause the trial balance to be out of balance.

Identify which error will cause the trial balance to be out of balance.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
Identify which error will cause the trial balance to be out of balance. Multiple Choice 6:38 A $440 cash salary payment posted as a $440 debit to Cash and a $440 credit to Salaries Expense. A $340 cash receipt from a customer in payment of her account posted as a $340 debit to Cash and a $34 credit to Accounts Receivable. A $195 cash receipt from a customer in payment of her account posted as a $195 debit to Cash and a $195 credit to Cash. A $122 cash purchase of office supplies posted as a $122 debit to Office Equipment and a $122 credit to Cash. An $2,000 prepayment from a customer for services to be rendered in the future was posted as an $2.000 debit to Unearned Revenue and an $2,000 credit to Cash. < Prev NOt > 10 of 30 MacBook Air 出
Transcribed Image Text:Identify which error will cause the trial balance to be out of balance. Multiple Choice 6:38 A $440 cash salary payment posted as a $440 debit to Cash and a $440 credit to Salaries Expense. A $340 cash receipt from a customer in payment of her account posted as a $340 debit to Cash and a $34 credit to Accounts Receivable. A $195 cash receipt from a customer in payment of her account posted as a $195 debit to Cash and a $195 credit to Cash. A $122 cash purchase of office supplies posted as a $122 debit to Office Equipment and a $122 credit to Cash. An $2,000 prepayment from a customer for services to be rendered in the future was posted as an $2.000 debit to Unearned Revenue and an $2,000 credit to Cash. < Prev NOt > 10 of 30 MacBook Air 出
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS