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. What would you tell them?

(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.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

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

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