After Preparing an (Unadjusted) Trial Balance at Year-End, G

question 145

Essay

After preparing an (unadjusted) trial balance at year-end, G. Chu of Chu Design Company 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 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.

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Definitions:

C++ Program

A sequence of instructions written in the C++ programming language that performs a specified task when executed.

Standard Input

A predefined stream in many programming languages that typically reads input from the keyboard or main input device.

C

This language is built for various computing needs, offering procedural coding techniques, enabling the use of structured programming, variable scope determined lexically, and allowing for recursion.

Standard Input

A predefined stream in programming through which data is received from the user or another input source.