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For each of the following errors,considered individually,indicate whether the error would cause the trial balance tot to be unequal.If the error would cause the trial balance totals to be unequal,indicate whether the debit or credit total is higher and by how much.
A.Payment of a cash dividend $6,800 was journalized and posted as a debit of
$8,600 to Salaries Expense and a credit of $8,600 to Cash.
B.A fee of $9,780 earned was debited to Accounts Receivable for $7,980 and credited to Fees Earned for $9,780.
C.A payment of $3,000 to a creditor was posted as a credit of $3,000 to Accounts Payable and a credit of $3,000 to Cash.
Penalty Fee
A financial charge imposed on an individual or organization for not adhering to a contract, rule, or regulation.
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A professional who provides students with guidance on academic schedules, career advice, and navigating college or university systems.
Graduation Requirements
The set of criteria, including completed coursework and assessments, that students must meet to qualify for receiving a diploma or degree.
Records Office
An office responsible for maintaining and managing the records or archives of an organization or institution.
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