For Each of the Following Errors, Indicate on the Table

question 33

Essay

For each of the following errors, indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit) will have the larger total as a result of the error.
a. $100 debit to Cash was debited to the Cash account twice.
b. $1,900 credit to Sales was posted as a $190 credit.
c. $5,000 debit to Office Equipment was debited to Office Supplies.
d. $625 debit to Prepaid Insurance was posted as a $62.50 debit.
e. $520 credit to Accounts Payable was not posted.

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Definitions:

Near

Located at a short distance in space or time.

Circum-

A prefix indicating 'around' or 'about', used in medical and general terminology.

Peri-

A prefix meaning around, nearby, or encircling, often used in medical terms to describe location or proximity.

Down

a direction towards a lower position or a lower point on a scale.