Some of the Following Errors Would Cause the Debit and Credit

question 10

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 collection on account of $400 was journalized and posted as a debit to Cash $400 and a credit to Service Revenue $400.
2. A $950 purchase of supplies on account was recorded as a debit of $950 to Equipment and a credit of $950 to Accounts Payable.
3. A purchase of equipment for $3,500 on account was not recorded.
4. A $270 receipt on account was recorded as a $720 debit to Cash and a $270 credit to Accounts Receivable.

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Definitions:

Psychomotor Symptoms

Physical expression of mental processes, such as changes in movement speed or coordination, often observed in mental health conditions.

Catatonia

A behavioral syndrome marked by inability to move normally, which can include stupor, negativism, rigidity, and other motor disturbances.

Hebephrenia

A type of schizophrenia characterized by disorganized behavior and speech, inappropriate or flat affect, and a lack of motivation or interest in life activities.

Surveillance Equipment

Devices used to monitor or record activities, often used for security or law enforcement purposes.