Question: Your answer is incorrect. A trial balance will not balance ifa $ 5 0 cash dividend is debited to dividends for $ 5

Your answer is incorrect.
A trial balance will not balance ifa \$50 cash dividend is debited to dividends for \$500 and credited to cash for \$50.a transaction is not posted at all.a \(\$ 300\) payment on accounts payable is debited to accounts payable for \(\$ 30\) and credited to cash for \(\$ 30\).a correcting journal entry is posted twice.
Your answer is incorrect. A trial balance will

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