Chapter D, Problem 8QS

A trial balance has total debits of $20,000 and total credits of $24,500. Which one of the following errors
would create this imbalance? Explain.

1. A $2,250 debit to Utilities Expense in a journal entry was incorrectly posted to the ledger as a $2,250 credit, leaving the Utilities Expense account with a $3,000 debit balance.
2. A $4,500 debit to Salaries Expense in a journal entry was incorrectly posted to the ledger as a $4,500 credit, leaving the Salaries Expense account with a $750 debit balance.
3. A $2,250 credit to Consulting Fees Earned (Revenues) in a journal entry was incorrectly posted to the ledger as a $2,250 debit, leaving the Consulting Fees Earned account with a $6,300 credit balance.
4. A $2,250 debit posting to Accounts Receivable was posted mistakenly to Land.
5. A $4,500 debit posting to Equipment was posted mistakenly to Cash.
6. An entry debiting Cash and crediting Accounts Payable for $4,500 was mistakenly not posted.

QS D-8

Identifying a posting error P2