The Purchase on Credit of a Delivery Truck for $9,600

question 104

Multiple Choice

The purchase on credit of a delivery truck for $9,600 was posted to Delivery Trucks asa $9,600 debit and to Rent Expense as a $9,600 debit. What effect would this error have on the trial balance?

• A)The total of the Credit column of the trial balance will exceed the total of the Debit column by $19,200.
• B)The total of the Debit column of the trial balance will exceed the total of the Credit column by $19,200.
• C)The total of the Debit column of the trial balance will equal the total of the Credit column.
• D)The total of the Credit column of the trial balance will exceed the total of the Debit column by $9,600.
• E)The total of the Debit column of the trial balance will exceed the total of the Credit column by $9,600.

---

Definitions:

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Ethical Imperatives

Moral obligations or principles that guide individuals' actions in accordance with what is considered right or just.

Critical Thinkers

Individuals who actively and skillfully conceptualize, apply, analyze, synthesize, and evaluate information to reach a conclusion.

Reasonable People

Individuals who exercise average care, skill, and judgment in conduct and who are presumed to have a certain level of knowledge when making decisions.