Which of the following errors, each considered individually, would cause the trial balance totals to be unequal? Question 14 options: A payment of $248 to a creditor was posted as a debit of $248 to Accounts Payable and a debit of $248 to Accounts Receivable Cash received from customers on account was posted as a debit of $450 to Cash and a credit of $450 to Accounts Payable. A payment of $79 for supplies was posted as a debit of $97 to Supplies and a credit of $97 to Cash A transaction was not posted.
Which of the following errors, each considered individually, would cause the trial balance totals to be unequal? Question 14 options: A payment of $248 to a creditor was posted as a debit of $248 to Accounts Payable and a debit of $248 to Accounts Receivable Cash received from customers on account was posted as a debit of $450 to Cash and a credit of $450 to Accounts Payable. A payment of $79 for supplies was posted as a debit of $97 to Supplies and a credit of $97 to Cash A transaction was not posted.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Which of the following errors, each considered individually, would
cause the trial balance totals to be unequal?
Question 14 options:
|
A payment of $248 to a creditor was posted as a debit of $248
to Accounts Payable and a debit of $248 to
Receivable
|
|
Cash received from customers on account was posted as a
debit of $450 to Cash and a credit of $450 to Accounts Payable.
|
|
A payment of $79 for supplies was posted as a debit of $97 to
Supplies and a credit of $97 to Cash
|
|
A transaction was not posted. |
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