Question: Of the following errors, which one by itself will cause the trial balance to be out of balance? Multiple Choice O A $200 salary payment

Of the following errors, which one by itself will cause the

Of the following errors, which one by itself will cause the trial balance to be out of balance? Multiple Choice O A $200 salary payment posted as a $200 debit to Cash and a $200 credit to Salaries Expense A $100 receipt from a customer in payment of his account posted as a $100 debit to Cash and a $10 credit to Accounts Receivable (0) A $75 receipt from a customer in payment of his account posted as a $75 debit to Cash and a $75 credit to Cash

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Of the following errors, which one by itself will cause the trial balance to be out of balance? Multiple Choice All of these errors will cause the trial balance to be out of balance. A $100 receipt...

Of the following errors, which one by itself will cause the trial balance to be out of balance? A $75 receipt from a customer in payment of his account posted as a $75 debit to Cash and a $75 credit...

of the following errors, which one by itself will cause the trial balance to be out of balance? A A $50 cash purchase of office supplies posted as a $50 debit to Office Equipment and a $50 credit to...

Of the following errors, which one by itself will cause the trial balance to be out of Balance? 1 9 ) _ _ _ _ _ _ A ) A $ 1 0 0 receipt from a customer in payment of his account posted as a $ 1 0 0...

1. A company reported that its bonds with a par value of $45,000 and a carrying value of $56,000 are retired for $60,000 cash, resulting in a loss of $4,000. The amount to be reported under cash...

Question 8 ( 0 . 5 points ) Of the following errors, which one by itself will cause the trial balance to be out of balance? A $ 2 0 0 salary payment posted as a $ 2 0 0 debit to Cash and a $ 2 0 0...

QUESTION 15 Inventory is O reported under the classification of Property, plant, and Equipment on the balance sheet often reported as a miscellaneous expense on the income statement reported as a...

Identify the item below that would cause the trial balance to not balance. Multiple Choice The cash payment of a $1,190 account payable was posted as a debit to Accounts Payable and a debit to Cash...

Identify the item below that would cause the trial balance to not balance? Multiple Choice The cash payment of a $ 7 5 0 account payable was posted as a debit to Accounts Paymble and a debt to Cash...

Identify the item below that would cause the trial balance to not balance? Multiple Choice 0 A $210 cash receipt for the performance ofa service was not recorded at all. A $1,320 collection of an...

1. Which one of the following is Not an assumption of the binomial distribution? The probability of the success, p, is constant. The probability of the success is equal to 0.5 in all trials. There...

Two of Crispe Cookies employees have resigned. Crispe Cookies management decides that they will not employ someone in those people's place yet as they will consider employing people when the demand...

Q3. Define a cyclic process.

Shane Corporation produces cast bronze valves for use in oil rigs. Currently, it produces 2 2 0 valves per hour, 5 days per week. There are 6 employees that work in the casting department. Each...

3. Whatspecific functions should an HR unit carry out? What HR functions would then be required by supervisors and other line managers? What role should the Internet play in the new HR organization?...

2.2 Discuss at least five prohibited grounds for discrimination under human rights legislation.

1. What do you think is causing some of the problems in the banks branches? As a new member of the board of directors for a local bank, Jack Nelson was being introduced to all the employees in the...