Examlex

Solved

Given Each of the Following Errors,indicate on the Table Below

question 150

Essay

Given each of the following errors,indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit)will have the larger total as a result of the error.
a.$100 debit to Cash was debited to the Cash account twice.
b.$1,900 credit to Sales was posted as a $190 credit.
c.$5,000 debit to Office Equipment was debited to Office Supplies.
d.$625 debit to Prepaid Insurance was posted as a $62.50 debit.
e.$520 credit to Accounts Payable was not posted. Given each of the following errors,indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit)will have the larger total as a result of the error. a.$100 debit to Cash was debited to the Cash account twice. b.$1,900 credit to Sales was posted as a $190 credit. c.$5,000 debit to Office Equipment was debited to Office Supplies. d.$625 debit to Prepaid Insurance was posted as a $62.50 debit. e.$520 credit to Accounts Payable was not posted.


Definitions:

Nostalgia

A sentimental longing or wistful affection for the past, typically for a period or place with happy personal associations.

Violent Video Games

Video games that involve and often emphasize actions that cause harm or physical violence towards characters or other players.

Empathic

Referring to the capacity to understand and share the feelings or emotions of another person.

Behaviorism

A psychological perspective focusing on observable behaviors and the external stimuli that influence them, often disregarding internal states.

Related Questions