Which of the Following Errors Would Be Disclosed by Preparation

question 85

Multiple Choice

Which of the following errors would be disclosed by preparation of a trial balance?

• A)The collection of an account receivable was recorded by a debit to the Land account rather than to the Cash account.
• B)The collection of an account receivable for $219 was recorded by a $291 debit to Cash and a $291 credit to Accounts Receivable.
• C)The collection of a $365 account receivable was not recorded at all.
• D)The collection of a $325 account receivable was recorded by a $325 debit to Cash and a $325 debit to Accounts Receivable.

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Definitions:

Monotheistic Religions

Religions that worship a single deity and believe in the concept of one God or supreme being.

Asia-Pacific Region

A geographical area in the Western Pacific that includes East Asia, South Asia, Southeast Asia, and Oceania.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal amount.

Power Distance

A cultural dimension that describes the extent to which individuals in a society accept and expect power to be distributed unequally.