Which of the Following Errors, Each Considered Individually, Would Cause

question 162

Multiple Choice

Which of the following errors, each considered individually, would cause the trial balance totals to be unequal?

• A) A transaction was not posted.
• B) A payment of $67 for insurance was posted as a debit of $76 to Prepaid Insurance and a credit of $76 to Cash.
• C) A payment of $4,450 to a creditor was posted as a debit of $4,500 to Accounts Payable and a credit of $450 to Cash.
• D) Cash received from customers on account was posted as a debit of $720 to Cash and a credit of $720 to Accounts Payable.

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Definitions:

Pollution Emissions

The release of pollutants into the environment, often from industrial processes, vehicles, or other human activity.

MSB

Stands for Marginal Social Benefit, representing the additional benefit to society from consuming one more unit of a good or service.

MSC

Marginal Social Cost, which refers to the total cost to society of producing an additional unit of a good or service.

Sulfur Emissions

Gaseous releases of sulfur compounds into the atmosphere, primarily from burning fossil fuels, which can cause environmental damage and health issues.