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.

---

Definitions:

Instinct-Based View

A perspective in psychology that attributes certain behaviors and reactions to innate instincts.

Unconscious Motivation

Refers to the driving forces behind an individual's actions and thoughts that are not within their conscious awareness.

Reinforcement-Centered View

A perspective in psychology that emphasizes learning behaviors through the rewards and punishments received as consequences of those behaviors.

Existential Perspective

A philosophical approach that emphasizes individual freedom and choice as the fundamental components of human existence.