6. When posting from the journal to the ledger, the accountant failed to pos debit to Cash. The effect of this error will be that the a. amounts in the journal will be in error. b. trial balance will not balance. С. total debits in the trial balance will be larger than the total credits. d. Cash account balance will be overstated.

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter10: Cash Receipts And Cash Payments
Section: Chapter Questions
Problem 4A: Suppose we collected cash from a charge customer and the debit was to Cash and the credit to Sales....
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dger account.
d. explanation in the journal.
6. When posting from the journal to the ledger, the accountant failed to post
debit to Cash. The effect of this error will be that the
amounts in the journal will be in error.
b. trial balance will not balance.
a.
C.
total debits in the trial balance will be larger than the total credits.
d. Cash account balance will be overstated.
7. Shower Flower Company bought equipment, paying cash, P2,500. The acc
would record the following journal entry:
a.
Cash
P2,500
Equipment
P2,500
b.) Equipment
P2,500
Cash
P2,500
c., Equipment
P2,500
С.
P2,500
Accounts Payable
Transcribed Image Text:dger account. d. explanation in the journal. 6. When posting from the journal to the ledger, the accountant failed to post debit to Cash. The effect of this error will be that the amounts in the journal will be in error. b. trial balance will not balance. a. C. total debits in the trial balance will be larger than the total credits. d. Cash account balance will be overstated. 7. Shower Flower Company bought equipment, paying cash, P2,500. The acc would record the following journal entry: a. Cash P2,500 Equipment P2,500 b.) Equipment P2,500 Cash P2,500 c., Equipment P2,500 С. P2,500 Accounts Payable
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