Some of the Following Errors Would Cause the Debit and Credit

question 188

Essay

Some of the following errors would cause the debit and credit columns of the trial balance to have unequal totals. For each of the four cases, state whether the error would cause unequal totals in the trial balance. If the error causes unequal totals, indicate the amount of difference between the columns and state whether the debit or credit is larger. Each case is to be considered independently of the others.
1. A payment of $800 to a creditor was recorded by a debit to Accounts Payable of $80 and a credit to Cash of $800.
2. A $480 payment for a printer was recorded by a debit to Equipment of $48 and a credit to Cash for $48.
3. An account receivable in the amount of $1,500 was collected in full. The collection was recorded by a debit to Cash for $1,500 and a debit to Accounts Payable for $1,500.
4. An account payable was paid by issuing a check for $800. The payment was recorded by debiting Accounts Payable $800 and crediting Accounts Receivable $800.

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Definitions:

Serous

Relating to or producing a watery fluid, like that found lining certain cavities or as a component of blood serum.

Mucous

A thick, slippery substance produced by mucous membranes and glands to lubricate and protect certain parts of the body like the nasal passages and gastrointestinal tract.

Epithelium And Connective

These terms refer to two types of tissues; epithelium is a layer of cells covering the body surfaces or lining cavities, while connective tissue supports, binds, or separates other tissues and organs.

Connective And Muscle

This is not a single key term but refers to both connective tissue, which supports and binds other tissues, and muscle tissue, which is responsible for movement. NO.