After Preparing an (Unadjusted)trial Balance at Year-End,R

question 115

Essay

After preparing an (unadjusted)trial balance at year-end,R.Chang of Chang Window Company discovered the following errors:
1.Cash payment of the $225 telephone bill for December was recorded twice.
2.Cash payment of a note payable was recorded as a debit to Cash and a debit to Notes Payable for $1,000.
3.A $900 cash withdrawal by the owner was recorded to the correct accounts as $90.
4.An additional investment of $5,000 cash by the owner was recorded as a debit to R,Chang,Capital and a credit to Cash.
5.A credit purchase of office equipment for $1,800 was recorded as a debit to the Office Equipment account with no offsetting credit entry.
Using the form below,indicate whether the error would cause the trial balance to be out of balance by placing an X in either the yes or no column.Would the error cause the trial balance to be out of balance? Would the error cause the trial balance to be out of balance?

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Definitions:

Drive Theory

A psychological theory that posits that behavior is motivated by the desire to meet basic physiological needs.

Incentive Theory

A theory in psychology that describes motivation as being driven by an organism’s desire to pursue rewards and avoid punishments.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, involving biological, emotional, social, and cognitive forces that activate behavior.

Incentive Theories

Theories in psychology focused on understanding how external rewards motivate behaviors and drive human actions.