1- For each one of the following errors state if it will be detected by the...

 

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1- For each one of the following errors state if it will be detected by the trial balance or not. Explain your answer. a- The installation cost of a new machine at $45,000 is accounted for by debiting the wage expense account instead of debiting the machinery account. b- When the owner withdrew $30,000 for his personal use, the cash account was credited and the drawings account was credited. <- When the owner invested $150.000 cash the business, the account payables was credited and the cash was debited. d- The transaction of the business paying salaries $10,400 to its employees in cash at the end of the month was not recorded. e- When the business purchased supplies for $2,000, the supplies account was debited by $ 2,000 and the cash account was credit by $20,000. f-When the business sells products on credit for $23,000, the accounts receivables account was debited and the cash account was credited by $23,000. g-When the business pays its rent of $25,000 at the end of the year, the cash account is debited by $25.000 but no other account was involved. 2- For errors (c), (d) and (f), explain how to correct them by stating the accounts to be debited and credited with their relevant amounts. 1- For each one of the following errors state if it will be detected by the trial balance or not. Explain your answer. a- The installation cost of a new machine at $45,000 is accounted for by debiting the wage expense account instead of debiting the machinery account. b- When the owner withdrew $30,000 for his personal use, the cash account was credited and the drawings account was credited. <- When the owner invested $150.000 cash the business, the account payables was credited and the cash was debited. d- The transaction of the business paying salaries $10,400 to its employees in cash at the end of the month was not recorded. e- When the business purchased supplies for $2,000, the supplies account was debited by $ 2,000 and the cash account was credit by $20,000. f-When the business sells products on credit for $23,000, the accounts receivables account was debited and the cash account was credited by $23,000. g-When the business pays its rent of $25,000 at the end of the year, the cash account is debited by $25.000 but no other account was involved. 2- For errors (c), (d) and (f), explain how to correct them by stating the accounts to be debited and credited with their relevant amounts.