Question: Which of the following errors will NOT cause the debit and credit columns of the trial balance to be unequal? A debit entry was recorded

Which of the following errors will NOT cause the debit and credit columns of the trial balance to be
unequal?
A debit entry was recorded in the wrong account.
A debit was entered in an account as a credit.
The account balance was carried to the wrong column of the trial balance.
D
The balance of an account was incorrectly computed.
Which of the following errors will NOT cause the debit and

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!

Q:

Suppose the accompanying graph shows the market for lattes at the local caf in your hometown. a. You notice that the local caf charges $4 for a latte. Move the points on the graph to label the profit...

Q:

Which of the following errors will not cause the debit and credit columns of a trial balance to be unequal? A A debit was posted to an account as a credit. B A journal entry was posted twice. C The...

Q:

Which of the following errors will not cause the debit and credit columns of a trial balance to be unequal? A A debit was posted to an account as a credit. B A journal entry was posted twice. The...

Q:

1-30 Question READ THE QUESTIONS CAREFULLY AND ENCIRCLE THE ANSWER OF YOUR CHOICE 1. The Store Supplies account had a P2,808 debit balance at the end of the accounting period before adjustment for...

Q:

Urgent please, I really Need correct answers 1Sharon started a business on 1 January 1991 with 30,000 capital. During the year 1991 he drew 15,000 out of the business and paid in a legacy of 9,000...

Q:

Urgent please, I really Need correct answers 1Sharon started a business on 1 January 1991 with 30,000 capital. During the year 1991 he drew 15,000 out of the business and paid in a legacy of 9,000...

Q:

Question One 1)Combining the economic record keeping of two separate businesses would violate the A)cost principle B)ethics principle. C)economic entity concept. D)monetary unit assumption 2)Jeanie...

Q:

Keswick Industries Limited has the following current assets and current liabilities on the company's balance sheet: Cash \\( \\$ 17,000 \\); Accounts Receivable \\( \\$ 8,200 \\); Inventory \\( \\$...

Q:

choose the correct answer I only need the answer without explanation. Give me the question number and the answer, please. 10 Carefully analyze the following account balances extracted from the books...

Q:

3)If adjustments are made on a monthly basis, the entry for a three-month note payable of $5,000 with an interest rate of 6% will include the following: A)no entry is required. B)a credit to Cash of...

Q:

The debit and credit columns of XYZ's trial balance did not agree. A debit balance of $25,950 was entered in a suspense account and the following errors were subsequently identified: (1) A cheque...

Q:

1. Please conduct a trend analysis for Guangwai Company using its income information for the years 2016 through 2020 in the table given. (18%) Year 2019 2018 2017 $1.292, 200 $1. 164,800 $957,000...

Q:

Explain why operating income is an important measure of financial performance. .

Q:

Maricar, a single mother, would like to maximize her CESG on her RESP deposit. She has never opened an RESP account and her daughter is now 3 years old. Once it is opened, how much should Maricar...

Q:

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...