A $100 Collection on Account Was Posted as a Debit

question 96

Multiple Choice

A $100 collection on account was posted as a debit to cash and a credit to accounts payable. This error will cause:

• A)the trial balance to be in balance.
• B)the sum of the credits to exceed the sum of the debits by $100.
• C)the sum of the debits to exceed the sum of the credits by $100.
• D)accounts receivable account to be too low by $100.

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Definitions:

Supportive Behaviors

Actions undertaken to provide assistance, encouragement, or comfort to others, especially in challenging times.

External Locus of Control

The belief that one's outcomes are determined by external forces or luck rather than one's own actions.

Leadership Effectiveness

The degree to which a leader successfully achieves desired outcomes through the direction, coordination, and motivation of individuals or teams.

Achievement Style

A behavioral approach focused on setting and attaining high standards and goals, often characterized by perseverance and a strong drive for success.