While in the Process of Posting from the Journal to the Ledger

question 63

Multiple Choice

While in the process of posting from the journal to the ledger a company failed to post a $500 debit to the Office Supplies account. The effect of this error will be that:

• A) The Office Supplies account balance will be overstated.
• B) The trial balance will not balance.
• C) The error will overstate the debits listed in the journal.
• D) The total debits in the trial balance will be larger than the total credits.
• E) The error will overstate the credits listed in the journal.

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