After Preparing an (Unadjusted) Trial Balance at Year-End, R Would the Error Cause the Trial Balance to Be Out

question 78

Essay

After preparing an (unadjusted) trial balance at year-end, R. Chang of Chang Window Company, Inc. discovered the following errors:
1. Cash payment of the $225 telephone bill for December was recorded twice.
2. Cash payment of a note payable was recorded as a debit to Cash and a debit to Notes Payable for $1,000.
3. A $900 cash dividend paid to the owner was recorded to the correct accounts as $90.
4. An additional investment of $5,000 cash by the owner was recorded as a debit to Common Stock and a credit to Cash.
5. A credit purchase of office equipment for $1,800 was recorded as a debit to the Office Equipment account with no offsetting credit entry.
Using the form below, indicate whether the error would cause the trial balance to be out of balance by placing an X in either the yes or no column. Would the error cause the trial balance to be out of balance? $\begin{array}{c}\begin{array}{lll} \text {Error }\\1.\\2.\\3.\\4.\\5.\end{array}\begin{array}{lll}\text { Yes }\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\end{array}\begin{array}{lll}\text { No }\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\underline{\quad\quad\quad\quad}\\\end{array}\end{array}$

Would the error cause the trial balance to be out of balance?

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Definitions:

Subgoals

Intermediate goals or problems to solve that put one in a better position for reaching a final goal or solution.

Evaluating

The process of assessing or judging the value, nature, character, or quality of something through careful consideration and analysis.

Trial-and-Error

A problem-solving method involving repeated, varied attempts to find a solution, learning from the failures along the way.

Algorithms

Step-by-step procedures or formulas for solving problems or completing tasks, often used in mathematics and computer science.