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By What Amount,if Any,would Each of the Following Errors Cause

question 189

Essay

By what amount,if any,would each of the following errors cause a trial balance to be out of balance?
a.A purchase of supplies of $840 was recorded as a debit to Equipment and a credit to Cash for $840.
b.An $890 balance in Prepaid Insurance was copied to the trial balance as a debit of $980.
c.A $600 balance in Accounts Payable was copied to the trial balance as a debit of $600.


Definitions:

Registered Dietician

A healthcare professional legally certified to assess, diagnose, and treat nutritional problems.

Significant Order

A Significant Order refers to a crucial or highly important legal directive or decision issued by a court.

Health Benefits

Privileges or compensation related to healthcare provided to employees or members by an employer or organization.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another within the scope of their relationship.

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