Solve plz Which of the following errors would cause the trial balance to be out of balance?A. The collection of an account was not recorded.B. The payment of an account payable for $500 was recorded as a debit to Accounts Payable for $500 and a credit to Cash for $5,000.OC. The payment of utilities expense was recorded as a debit to Rent Expense for $67 and a credit to Cash for $67.D. The payment of an account payable for $100 was recorded as a debit to Cash, $100, and a credit to Accounts Payable, $100.

The trial balance represents the final balance of each account of the business. The trial balance is…

frors would cause the trial balance to be out of balance? come A. The collection of an account was not recorded. B. The payment of an account payable for $500 was recorded as a debit to Accounts Payable for $500 and a credit to Cash for $5,0m C. The payment of utilities expense was recorded as a debit to Rent Expense for $67 and a credit to Cash for $67. D. The payment of an account payable for $100 was recorded as a debit to Cash, $100, and a credit to Accounts Payable, $100.

frors would cause the trial balance to be out of balance? come A. The collection of an account was not recorded. B. The payment of an account payable for $500 was recorded as a debit to Accounts Payable for $500 and a credit to Cash for $5,0m C. The payment of utilities expense was recorded as a debit to Rent Expense for $67 and a credit to Cash for $67. D. The payment of an account payable for $100 was recorded as a debit to Cash, $100, and a credit to Accounts Payable, $100.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 7E: The following errors were made in journalizing transactions. In each case, calculate the amount of...

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The notes receivable is debited by the bookkeeper instead of accounts receivable. What is the effect of the error in the total assets of the entity? a. No effect b. Cannot be determined based on the given information c. Understated d. Overstated
After preparing the trial balance, the accountant finds that the total of debit side is OMR 125,600 and Total of Credit Side OMR 126,500. This difference should be treated before rectification of errors was a. Debit Suspense account with OMR 900 b. Suspense account should be cancelled with OMR 1800 c. Debit Suspense account OMR 125,600 and Credit Trial Balance OMR 126,500 d. Credit Suspense account with OMR 900
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21.Which of the following errors will not cause the debit and credit columns of the trial balance to be unequal? a. A debit was entered in an account as a credit. b. The balance of an account was incorrectly computed. c. The account balance was carried to the wrong column of the trial balance. d. A debit entry was recorded in the wrong account.
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