What's the correct choice? Which of the following errors, considered individually, would cause the trial balance totals to be unequal?A receipt of P 25,200 from a customer was posted as a debit of P 22,500 to Cash and a credit of P 22,500to Accounts ReceivableA payment of P 7,600 for supplies was posted as a debit of P 6,700 to Supplies Expense and a credit of P7,600 to CashCash received from a customer on account was posted as a credit of P 22,000 to Cash and debit of P22,000 to Accounts ReceivableA payment of P 8,300 to pay the telephone bill(received last week) was posted as a debit of P 3,800 toAccounts Payable and a credit of P 3,800 to cashA payment of P 39,100 to a creditor was posted as a debit of P 93,100 to Accounts Payable and a creditof P 93,100 to Cash

Trial balance: Trial balance is a summary of all the asset, liability, and equity accounts and their…

Which of the following errors, considered individually, would cause the trial balance totals to be unequal? A receipt of P 25,200 from a customer was posted as a debit of P 22,500 to Cash and a credit of P 22,500 A to Accounts Receivable A payment ofP 7,600 for supplies was posted as a debit of P 6,700 to Supplies Expense and a credit of P B 7,600 to Cash Cash received from a customer on account was posted as a credit of P 22,000 to Cash and debit of P 22,000 to Accounts Receivable A payment of P 8,300 to pay the telephone bill(received last week) was posted as a debit of P 3,800 to D Accounts Payable and a credit of P 3,800 to cash A payment of P 39,100 to a creditor was posted as a debit of P 93,100 to Accounts Payable and a credit

Which of the following errors, considered individually, would cause the trial balance totals to be unequal? A receipt of P 25,200 from a customer was posted as a debit of P 22,500 to Cash and a credit of P 22,500 A to Accounts Receivable A payment ofP 7,600 for supplies was posted as a debit of P 6,700 to Supplies Expense and a credit of P B 7,600 to Cash Cash received from a customer on account was posted as a credit of P 22,000 to Cash and debit of P 22,000 to Accounts Receivable A payment of P 8,300 to pay the telephone bill(received last week) was posted as a debit of P 3,800 to D Accounts Payable and a credit of P 3,800 to cash A payment of P 39,100 to a creditor was posted as a debit of P 93,100 to Accounts Payable and a credit

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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