Question: Indicate whether the following error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance
Indicate whether the following error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance totals to be unequal, indicate whether the debit or credit totals is higher and by how much. The entry for $975 of supplies used during the period was journalized as a debit to Supplies Expense for $795 and credit to Supplies for $975. The totals will be < with a total higher by $ 13
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
