Which of the Following Errors, Each Considered Separately, Would Cause

question 22

Multiple Choice

Which of the following errors, each considered separately, would cause the trial balance totals to be unequal?

• A) A payment of $20 for Miscellaneous Expense was recorded as a debit of $20 to Cash and a credit of $20 to Miscellaneous Expense.
• B) The amount of $326 received from customers on account was posted as a debit of $236 to Cash and a credit of $236 to Accounts Receivable.
• C) A payment of $410 to a creditor was posted as a debit of $410 to Accounts Payable and a credit of $41 to Cash.
• D) A payment of $18 to a creditor was posted as a debit of $180 to Accounts Payable and a credit of $180 to Cash.
• E) A receipt of $36 for Income from Services was recorded as a debit to Cash for $36 and a credit to Account Receivable for $36.

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Definitions:

Marketing Plan

A strategic roadmap that businesses use to organize, execute, and track their marketing strategy over a given time period.

Goals And Objectives

The intended achievements and specific outcomes that an organization or individual aims to accomplish within a set timeframe.

Evaluation And Control

Processes used in management to assess the performance of strategies, projects and operations, and to make adjustments if necessary.

SWOT Analysis

SWOT Analysis is a strategic planning tool that evaluates an organization's Strengths, Weaknesses, Opportunities, and Threats to inform decision-making and strategy development.