Question: BACK NEXT cercise 263 ome of the following errors would cause the debit and credit columns of the trial balance to have unequal totals. For
BACK NEXT cercise 263 ome of the following errors would cause the debit and credit columns of the trial balance to have unequal totals. For each of the four cases, state whether the error would cause unequal totals in the ial balance. If the error causes unequal totals, indicate the amount of difference between the columns and state whether the debit or credit is larger. Each case is to be considered independently of ne others. Effect on trial balance totals. Effects A payment of $700 to a creditor was recorded by a debit to Accounts Payable of $70 and a credit to Cash of $700. 2. A $380 payment for a prinr was recorded by a debit to Equipment of $38 and a credit to Cash for $38. 3. An account receivable in the amount of $3,400 was collected in ful. The collection was recorded by a debit to Cash for $3,400 and a debit to Accounts Payable for $3,400. 4. An account payable was paid by issuing a check for $1,350. The payment was recorded by debiting Accounts Payable $1.350 and crediting Accounts Receivable $1,350 Click if you would like te Show Work for this question: Show Work Qpen Question Attempts: 0 of 2 used
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