The accountant for Wingers Construction mistakenly recorded a $600 purchase of supplies on account as $6,000 He debited Supplies and credited Accounts Payable for $6,000 Does this error cause the trial balance to be out of balance Explain your answer ...

To conclude we can say that this error ...

The accountant for Wingers Construction mistakenly recorded a $600 purchase of supplies on account as $6,000. He

Question:

The accountant for Wingers Construction mistakenly recorded a $600 purchase of supplies on account as $6,000. He debited Supplies and credited for $6,000. Does this error cause the trial balance to be out of balance? Explain your answer.
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...