Question: Question 14 A journal entry for a $80 payment for rent expense was posted as a debit, to salaries expense and a credit to cash.

Question 14

A journal entry for a $80 payment for rent expense was posted as a debit, to salaries expense and a credit to cash. This error will cause which of the following conditions on the trial balance.

1. The sum of the debits will exceed of the sum of the credits by $80.

2. The sum of the debits will exceed the sum of the credits by $160.

3. The sum of the credits will equal the sum of the debits.

4.The sum of the credits will exceed the debits by $160.

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