FlewcuT e 2 Quiz Saved Identify the item below that would cause the trial balance to not balance? 23 Multiple Choice kipped A $1,420 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash. The purchase of office supplies on account for $3,150 was erroneously recorded in the journal as $1,350 debit to Office Supplies and $1,350 credit to Accounts Payable A $260 cash receipt for the performance of a service was not recorded at all. The purchase of office equipment for $2,250 was posted as a debit to Office Supplies and a credit to Cash for $2,250 The cash payment of a $1,170 account payable was posted as a debit to Accounts Payable and a debit to Cash for $1.170.
FlewcuT e 2 Quiz Saved Identify the item below that would cause the trial balance to not balance? 23 Multiple Choice kipped A $1,420 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash. The purchase of office supplies on account for $3,150 was erroneously recorded in the journal as $1,350 debit to Office Supplies and $1,350 credit to Accounts Payable A $260 cash receipt for the performance of a service was not recorded at all. The purchase of office equipment for $2,250 was posted as a debit to Office Supplies and a credit to Cash for $2,250 The cash payment of a $1,170 account payable was posted as a debit to Accounts Payable and a debit to Cash for $1.170.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:FlewcuT e
2 Quiz
Saved
Identify the item below that would cause the trial balance to not balance?
23
Multiple Choice
kipped
A $1,420 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash.
The purchase of office supplies on account for $3,150 was erroneously recorded in the journal as $1,350 debit to Office Supplies and $1,350 credit to Accounts Payable
A $260 cash receipt for the performance of a service was not recorded at all.
The purchase of office equipment for $2,250 was posted as a debit to Office Supplies and a credit to Cash for $2,250
The cash payment of a $1,170 account payable was posted as a debit to Accounts Payable and a debit to Cash for $1.170.
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