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

question 89

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.
$\begin{array}{|c|c|c|}\hline \text { Error } & \begin{array}{c}\text { Amount Out of } \\\text { Balance }\end{array} & \begin{array}{c}\text { Column Having } \\\text { Larger Total }\end{array} \\\hline \text { a. } & & \\\hline \text { b. } & & \\\hline \text { c. } & & \\\hline \text { d. } & & \\\hline \text { e. } & & \\\hline\end{array}$

---

Definitions:

Input Increases

A scenario in production or economics where the quantity of resources used in the production process is increased, potentially affecting outputs.

Price of Output

The market price at which a product or service is sold, determined by various factors including production costs, supply and demand, and market competition.

Profit-maximizing Firm

A company operated with the primary goal of making the highest possible profit, typically by adjusting outputs, prices, or inputs.

Theory of Profit-maximizing

A principle that suggests firms aim to achieve the highest possible profits by adjusting production levels, prices, or other variables.