A. For each of the following errors: (a) indicate whether the error would cause the trial balance

Question:

A. For each of the following errors:

(a) indicate whether the error would cause the trial balance to have unequal totals

(b) determine the amount by which the trial balance totals would differ

1. A $280 credit to Service Revenue was not posted.

2. Receipt of a payment on account from a customer was recorded as a debit to Cash at Bank for $125 and a credit to Accounts Payable for $125.

3. A purchase of supplies for $57 was recorded as a debit to Supplies for $57 and a credit to Accounts Payable for $75.

4. A $33 debit to Cash at Bank was posted as a credit.

5. A $250 debit to the Drawings account was debited to the Capital account.

6. A $520 debit to Rent Expense was posted as a $52 debit.

B. How would each error be corrected? Give the correcting journal entry where appropriate.

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...

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