A Journal Entry for a $70 Payment for Rent Expense

question 79

Multiple Choice

A journal entry for a $70 payment for rent expense was posted as a debit to Salaries Expense and a credit to Cash.Which of the following statements correctly states the effect of the error on the trial balance?

• A)The sum of the credits will equal the sum of the debits.
• B)The sum of the debits will exceed the sum of the credits by $70.
• C)The sum of the debits will exceed the sum of the credits by $140.
• D)The sum of the credits will exceed the sum of the debits by $140.

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Definitions:

Common Fibular (Peroneal)

A nerve in the leg that supplies movement and sensation to parts of the lower leg, foot, and toes.

Phrenic Nerve

The nerve that originates in the neck and passes down between the lung and heart to reach the diaphragm, playing an essential role in breathing.

Motor Activity

Refers to any physical movement produced by skeletal muscles that results in energy expenditure.

Heart Rate

The number of heartbeats per unit of time, usually measured in beats per minute (bpm), indicating cardiovascular health and fitness.