In Which of the Following Situations Would the Trial Balance

question 60

Multiple Choice

In which of the following situations would the trial balance not balance?

• A) A $1,000 collection of an account receivable was incorrectly posted as a debit to Accounts Receivable and a credit to Cash.
• B) The purchase of office supplies on account for $3,250 was incorrectly recorded in the journal as $2,350.
• C) $50 cash receipt for the performance of a service was not recorded.
• D) The purchase of office equipment for $1,200 was posted as a debit to Office Supplies.
• E) The payment of a $750 account payable was posted as a debit to Accounts Payable and a debit to Cash for $750.

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Definitions:

White Settler Colonialism

A form of colonialism that involves the migration and settlement of white populations on indigenous lands, often leading to displacement, cultural assimilation, and exploitation of native peoples.

Geopolitical Alliances

Partnerships formed between countries or organizations to pursue common strategic, political, or economic goals, often in response to global or regional conflicts and interests.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, driven by international trade and investment.

Debt Cancellation

The action of forgiving or nullifying a debt, relieving the debtor of the obligation to repay.