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For Each of the Following Errors,indicate on the Table Below

question 192

Essay

For each of the following errors,indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit) will have the larger total as a result of the error.
a.$100 debit to Cash was debited to the Cash account twice.
b.$1,900 credit to Sales was posted as a $190 credit.
c.$5,000 debit to Office Equipment was debited to Office Supplies.
d.$625 debit to Prepaid Insurance was posted as a $62.50 debit.
e.$520 credit to Accounts Payable was not posted.
For each of the following errors,indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit) will have the larger total as a result of the error. a.$100 debit to Cash was debited to the Cash account twice. b.$1,900 credit to Sales was posted as a $190 credit. c.$5,000 debit to Office Equipment was debited to Office Supplies. d.$625 debit to Prepaid Insurance was posted as a $62.50 debit. e.$520 credit to Accounts Payable was not posted.


Definitions:

Scatterplot

A type of graph in statistics used to display values for two variables for a set of data, showing the relation between them.

Histogram

A graphical representation of the distribution of numerical data, where the data is grouped into ranges and represented as bars.

Daily Sales

The total revenue generated from sales of goods or services in a single business day.

Personnel File

A collection of records pertaining to an employee's history and performance in an organization.

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