Question: Exercise 2 - 2 3 ( Algo ) Analyzing a trial balance error LO P 1 Skip to question [ The following information applies to
Exercise Algo Analyzing a trial balance error LO P
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You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of an automobile for $ is posted from the journal to the ledger with an $ debit to Automobiles and another $ debit to Accounts Payable. The Automobiles account has a debit balance of $ on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement.
Exercise Algo Part e
e If the debit column total of the trial balance is $ before correcting the error, what is the total of the credit column before correction?
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