Which of the following errors will affect the Trial balance? a. Electricity paid OMR 2,000: Debit Telephone RO 2,000 and Credit Cash RO 2,000 b. Salary paid OMR 500: Debit Salary OMR 500 and Credit Cash OMR 500 c. Business paid OMR 89 telephone expenses were recorded OMR 98 in both the accounts d. Stationery expense OMR 50 : Debit Stationery OMR 50 Credit Cash OMR 500
Which of the following errors will affect the Trial balance? a. Electricity paid OMR 2,000: Debit Telephone RO 2,000 and Credit Cash RO 2,000 b. Salary paid OMR 500: Debit Salary OMR 500 and Credit Cash OMR 500 c. Business paid OMR 89 telephone expenses were recorded OMR 98 in both the accounts d. Stationery expense OMR 50 : Debit Stationery OMR 50 Credit Cash OMR 500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Which of the following errors will affect the Trial balance ?
a.
Electricity paid OMR 2,000: Debit Telephone RO 2,000 and Credit Cash RO 2,000
b.
Salary paid OMR 500: Debit Salary OMR 500 and Credit Cash OMR 500
c.
Business paid OMR 89 telephone expenses were recorded OMR 98 in both the accounts
d.
Stationery expense OMR 50 : Debit Stationery OMR 50 Credit Cash OMR 500
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