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Sheri Murphy has trouble keeping her debits and credits equal. During a recent month, Sheri made the following errors: (Click the icon to view the errors.) Read the requirements Requirement 1. For each of these errors, state whether Sheri's mistake would cause the total debits and total credits on the trial balance to be unequal. To help you, transaction (a) has been answered for you. Use this as a guide to answer the remaining parts of requirement 1. Effect on Trial Balance Total debits = More Info a Total credits b Total debits Total credits a. Sheri recorded an $300 rent payment by debiting Rent expense for $80 and crediting Cash for $80. b. In recording an $850 payment on account, Sheri debited Accounts receivable and credited Cash. c. Sheri recorded the receipt of cash for service revenue by debiting Cash for $320 instead of the correct amount of 5230. Sheri also credited Service revenue for $320, the incorrect amount d. Sheri recorded a $300 purchase of supplies on account by debiting Accounts payable and crediting Supplies. e. In preparing the trial balance, Sheri omitted a $50,000 note payable. - X Requirements 1. For each of these errors, state whether Sher's mistake would cause the total debits and total credits on the trial balance to be unequal. 2. Identify each account with an incorrect balance, and indicate the amount and direction of the error. Print Done Help Me Solve This DemoDocs Example Get More Help Clear All Check