Question: Required information Exercise 2-21 Analyzing a trial balance error LO P1, P2 [The following information applies to the questions displayed below.) You are told the
Required information Exercise 2-21 Analyzing a trial balance error LO P1, P2 [The following information applies to the questions displayed below.) You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of an automobile for $18,950 is posted from the journal to the ledger with an $18,950 debit to Automobiles and another $18,950 debit to Accounts Payable. The Automobiles account has a debit balance of $37100 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement Exercise 2-21 Part e e. If the debit column total of the trial balance is $200,000 before correcting the error, what is the total of the credit column before correction? of the credit
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