A trial balance will not balance if (a) a correct journal entry is posted twice (b) the purchase of supplies on account is debited to Supplies and credited to Cash (c) a $100 cash dividend is debited to Dividends for $1,000 and credited to Cash for $100 (d) a $450 payment on account is debited to A...

c The trial balance will not balance in this case becaus ...

A trial balance will not balance if: (a) a correct journal entry is posted twice. (b) the

Question:

A trial balance will not balance if:

(a) a correct journal entry is posted twice.

(b) the purchase of supplies on account is debited to

Supplies and credited to Cash.

$1,000 and credited to Cash for $100.

(d) a $450 payment on account is debited to Accounts

Payable for $45 and credited to Cash for $45.

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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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Question Posted: Feb 07, 2024 03:00 AM

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A trial balance will not balance if: (a) a correct journal entry is posted twice. (b) the

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c The trial balance will not balance in this case becaus...View the full answer

Financial Accounting

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