Identify the errors in the following trial balance All accounts have normal balances Mascot Co Unadjusted Trial Balance For the Month Ending July 31, 2019 Account Debit Credit No Balances ces 36,000 112,600 18,000 375,000 53,300 7,500 297,200 17,000 682,000 396,800 73,000 11,600 1,189,300 1,189,300...

Identify the errors in the following trial balance. All accounts have normal balances. Mascot Co. Unadjusted Trial

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Identify the errors in the following trial balance. All accounts have normal balances.
Mascot Co.
Unadjusted Trial Balance
For the Month Ending July 31, 2019

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1 The Debit column total is added incorrectly The sum is 890700 rather than 1189300 2 The tr...View the full answer

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Accounting

ISBN: 978-1337899451

27th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: May 08, 2017 11:23 AM

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Identify the errors in the following trial balance. All accounts have normal balances. Mascot Co. Unadjusted Trial

Question:

Account Debit Credit No. Balances ces 36,000 112,600 18,000 375,000 53,300 7,500 297,200 17,000 682,000 396,800 73,000 11,600 1,189,300 1,189,300

Step by Step Answer:

1 The Debit column total is added incorrectly The sum is 890700 rather than 1189300 2 The tr...View the full answer

Accounting

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