A $6,440 Debit to Interest Expense Was Incorrectly Posted as a $644

question 67

Multiple Choice

A $6,440 debit to interest expense was incorrectly posted as a $644 debit. What is theeffect of this error on the trial balance and the interest expense accounts?

• A)The debit column of the trial balance would be $5,796 overstated and interest expense would be understated by $5,796.
• B)The debit column of the trial balance would be $5,796 overstated and interest expense would be overstated by $5,796.
• C)The debit column of the trial balance would be $5,796 understated and interest expense would be overstated by $5,796.
• D)The debit column of the trial balance would be $5,796 understated and interest expense would be understated by $5,796.
• E)The debit column of the trial balance would be $6,440 understated and interest expense would be understated by $6,440.

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Definitions:

Self-Esteem

A measure of how much you value, respect, and feel confident about yourself.

Anti-Bias Curriculum

An educational approach designed to challenge prejudices and promote understanding and respect for diversity among all children.

Self-Esteem

An individual's subjective evaluation or perception of their own worth, encompassing beliefs about oneself as well as emotional states.

Self-Concept

An individual's perception of themselves, including beliefs about one’s own abilities, appearance, and personality.