Which One of the Following Errors Would Cause a Company's

question 149

Multiple Choice

Which one of the following errors would cause a company's unadjusted trial balance to be out of balance?

• A)Overstating an asset balance by $100 and a revenue balance by the same amount.
• B)Failure to post the debit portion of a journal entry to the proper account (recorded, for example, in a revenue rather than an expense account).
• C)Recording a $5,000 revenue transaction by crediting the accounts receivable account and debiting the revenue account.
• D)Recording $1,000 cash collected from a customer as a debit to the cash account and a debit to the accounts receivable account.

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Definitions:

Conservation of Number

A concept in cognitive development that reflects a child's ability to understand that the quantity of a set of items remains the same regardless of how they are arranged.

Spatial Rearrangements

Changes or modifications in the position or arrangement of objects in space.

Conservation-of-Number Task

A cognitive test used in developmental psychology to assess a child's understanding that a quantity does not change despite changes in its shape or arrangement.

Experimenter's Longer Row

An experimental setup often used in cognitive psychology to study perception and cognitive biases, where participants may perceive a row of objects as longer due to its arrangement or context.