The following errors occurred in posting from a two-column journal:
1. A credit of $7,210 to Accounts Payable was not posted.
2. A debit of $3,000 to Cash was posted to Miscellaneous Expense.
3. A credit of $120 to Cash was posted as $710.
4. A debit of $2,540 to Wages Expense was posted as $2,450.
5. An entry debiting Accounts Receivable and crediting Fees Earned for $10,000 was not posted.
6. A debit of $850 to Accounts Payable was posted as a credit.
7. A debit of $1,500 to Supplies was posted twice.
Considering each case individually (i.e., assuming that no other errors had occurred), indicate (a) by “yes” or “no” whether the trial balance would be out of balance; (b) if the answer to (a) is “yes,” the amount by which the trial balance totals would differ; and (c) whether the Debit or Credit column of the trial balance would have the larger total.
Answers should be presented in the following form, with error (1) given as an example:

  • CreatedSeptember 15, 2015
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