If Cash Was Incorrectly Debited for $100 Instead of Correctly

question 197

True/False

If cash was incorrectly debited for $100 instead of correctly debiting accounts receivable for $100,assuming no other errors,the trial balance will balance.

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Definitions:

Alternatives

Different options or choices available in a given situation or problem.

Contra-Binary Principle

A concept opposing or challenging the idea that things can only exist in two distinct, opposite categories, advocating for a more nuanced or spectrum-based understanding.

True

In accordance with fact or reality, not false or erroneous.

False Alternative

A fallacy of presenting a limited number of options or choices when in fact more exist.