While in the process of posting from the journal to the ledger, the accountant of X...

 

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While in the process of posting from the journal to the ledger, the accountant of X Company failed to post a $50 debit to the Office Supplies account The effect of this error will be as follows: Muitiple Cholce The Office Supplies account balance will be overstated. The total debits in the trial balance will be larger than the total credits. While in the process of posting from the journal to the ledger, the accountant of X Company failed to post a $50 debit to the Office Supplies account The effect of this error will be as follows: Muitiple Cholce The Office Supplies account balance will be overstated. The total debits in the trial balance will be larger than the total credits.

Answer rating: 100% (QA)

Correct answer The trial balance will not balance Explanation Journal suppl... View the full answer