Two students are discussing the use of a trial balance. They wonder whether the following errors, each

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Two students are discussing the use of a trial balance. They wonder whether the following errors, each considered separately, would prevent the trial balance from balancing.

  (a) The bookkeeper debited Cash for $600 and credited Salaries and Wages Expense for $600 for payment of wages.
  (b) Cash collected on account was debited to Cash for $900 and Service Revenue was credited for $90.
What would you tell them?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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