While in the Process of Posting from the Journal to the Ledger,a

question 149

Multiple Choice

While in the process of posting from the journal to the ledger,a company failed to post a $500 debit to the Equipment account.The effect of this error will be that:

• A)The Equipment account balance will be overstated.
• B)The trial balance will not balance.
• C)The error will overstate the debits listed in the journal.
• D)The total debits in the trial balance will be larger than the total credits.
• E)The error will overstate the credits listed in the journal.

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