A Company Failed to Post a $50 Debit to the Office

question 92

Multiple Choice

A company failed to post a $50 debit to the Office Supplies account.The effect of this error will be that:

• A) The Office Supplies account balance will be overstated.
• B) The trial balance will not balance.
• C) The error will overstate the debits listed in the journal.
• D) The total debits in the trial balance will be larger than the total credits.
• E) The trial balance will be in balance.

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Definitions:

Productivity

The measure of efficiency in converting inputs into useful outputs, commonly evaluated in terms of the rate of output per unit of input.

Icons

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Alphabetical

An ordering scheme based on the sequence of letters in the alphabet, commonly used for sorting lists of words or names.

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In a manner that involves elements being continuous or connected in sequence without interruption or gaps.