Question: A journal entry for a $ 5 0 payment for rent expense was posted as a debit to Salaries Expense and a credit to Cash.
A journal entry for a $ payment for rent expense was posted as a debit to Salaries Expense and a credit to Cash. Which of the following statements correctly states the impact to the trial balance?
A The sum of the credits will exceed the sum of the debits by $
B The sum of the debits will exceed the sum of the credits by $
C The sum of the credits will equal the sum of the debits.
D The sum of the debits will exceed the sum of the credits by $
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