Question: Exercise 3-20A (Static) Determining the effect of errors on the trial balance LO 3-3 Explain how each of the following posting errors affects a trial

Exercise 3-20A (Static) Determining the effect of errors on the trial balance LO 3-3 Explain how each of the following posting errors affects a trial balance. State whether the trial balance will be out of balance because of the posting error, and indicate which side of the trial balance will have a higher amount after each independent entry is posted. If the posting error does not affect the equality of debits and credits in the trial balance, state that the error will not cause an inequality. a. A $900 credit to Unearned Revenue was credited to Service Revenue. b. A $3,400 credit to Accounts Payable was not posted. c. A $900 debit to Rent Expense was posted twice. d. A $1,250 debit to Office Supplies was debited to Office Supplies Expense. e. A $560 debit to Cash was posted as a $650 debit. b. C of the trial balance will be higher. of the trial balance will be higher. of the trial balance will be higher. d. Not out of balance of the trial balance will be higher. Out of balance of the trial balance will be higher. Exercise 3-20A (Static) Determining the effect of errors on the trial balance LO 3-3 Explain how each of the following posting errors affects a trial balance. State whether the trial balance will be out of balance because of the posting error, and indicate which side of the trial balance will have a higher amount after each independent entry is posted. If the posting error does not affect the equality of debits and credits in the trial balance, state that the error will not cause an inequality. a. A $900 credit to Unearned Revenue was credited to Service Revenue. b. A $3,400 credit to Accounts Payable was not posted. c. A $900 debit to Rent Expense was posted twice. d. A $1,250 debit to Office Supplies was debited to Office Supplies Expense. e. A $560 debit to Cash was posted as a $650 debit. b. P d Credit side Debit side Neither side of the trial balance will be higher. of the trial balance will be higher. f the trial balance will be higher. f the trial balance will be higher. f the trial balance will be higher

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